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5 CFR § 9401.110 - Prohibited recommendations.

---
identifier: "/us/cfr/t5/s9401.110"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "5 CFR § 9401.110 - Prohibited recommendations."
title_number: 5
title_name: "Administrative Personnel"
section_number: "9401.110"
section_name: "Prohibited recommendations."
chapter_name: "BUREAU OF CONSUMER FINANCIAL PROTECTION"
part_number: "9401"
part_name: "SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE BUREAU OF CONSUMER FINANCIAL PROTECTION"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 7301; 5 U.S.C. App. (Ethics in Government Act of 1978); E.O. 12674, 54 FR 15159 (April 12, 1989); 3 CFR, 1898 Comp., p.215, as modified by E.O. 12731, 55 FR 42547 (October 17, 1990); 3 CFR, 1990 Comp., p. 306; 5 CFR 2635.105, 2635.403, 2635.502 and 2635.803."
regulatory_source: "77 FR 25019, Apr. 27, 2012, unless otherwise noted."
cfr_part: "9401"
---

# 9401.110 Prohibited recommendations.

An employee shall not make recommendations or suggestions, directly or indirectly, concerning the acquisition or sale or other divestiture of a security in an entity supervised by the Bureau, or an entity that is a party or represents a party to a particular matter involving specific parties to which the employee is assigned.

[82 FR 35887, Aug. 2, 2017]