12 CFR § 150.330 - Are there investments in which I may not invest funds of a fiduciary account?
---
identifier: "/us/cfr/t12/s150.330"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 150.330 - Are there investments in which I may not invest funds of a fiduciary account?"
title_number: 12
title_name: "Banks and Banking"
section_number: "150.330"
section_name: "Are there investments in which I may not invest funds of a fiduciary account?"
chapter_name: "COMPTROLLER OF THE CURRENCY, DEPARTMENT OF THE TREASURY"
part_number: "150"
part_name: "FIDUCIARY POWERS OF FEDERAL SAVINGS ASSOCIATIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1462a, 1463, 1464, 5412(b)(2)(B)."
regulatory_source: "76 FR 49003, Aug. 9, 2011, unless otherwise noted."
cfr_part: "150"
---
# 150.330 Are there investments in which I may not invest funds of a fiduciary account?
You may not invest funds of a fiduciary account for which you have investment discretion in the following assets, unless authorized by applicable law:
(a) The stock or obligations of, or assets acquired from, you or any of your directors, officers, or employees.
(b) The stock or obligations of, or assets acquired from, your affiliates or any of their directors, officers, or employees.
(c) The stock or obligations of, or assets acquired from, other individuals or organizations if you have an interest in the individual or organization that might affect the exercise of your best judgment.