United States:
Officials Must Note Financial Conflict Of Interest Law
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Earlier this year, Brenda Fitzgerald, the director of the U.S.
Centers for Disease Control, was forced to resign because, shortly
after taking the position, she had purchased stock in tobacco and
pharmaceutical companies — transactions that created a
conflict of interest between her financial holdings and her
official role.
According to public accounts, the director had not personally
directed the purchases, which were instead made on her behalf by an
investment manager. She also owned hundreds of other stocks, and
there was no evidence that she...
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Originally published by Law360
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