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S. 265

BillFederalSenateIn Committee
Financial Services Conflict of Interest Act
About This Bill
Committee
Latest Action · February 1, 2017
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Congress
115th (2017–2019)
Introduced
February 1, 2017
Cosponsors (6)
6D 0R
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Summary

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Financial Services Conflict of Interest Act This bill amends the Ethics in Government Act of 1978 and other laws to: expand restrictions on federal government employees' acceptance of compensation from nongovernment sources, generally require certain financial-services regulators to recuse themselves from any official action that would provide a direct and substantial pecuniary benefit for a recent former employer or client, generally prohibit such a regulator from participating in matters that involve an individual or entity with whom the regulator is negotiating future employment, prohibit a federal government employee from participating in a procurement involving a contractor that had recently employed that employee, and expand restrictions on lobbying by certain former financial-services regulators.

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