Financial Conflicts of Interests
Significant Financial Interests That Must Be Disclosed
Significant financial interests held by you, your spouse or domestic partner, or your dependent children that must be disclosed include the following:
- Publicly traded entities: Equity interest and/or compensation, the value of which exceeded $5,000 when aggregated in the previous 12 months.
- Non-publicly traded entities: Any equity interest, regardless of value; or compensation, the value of which exceeded $5,000 in the previous 12 months.
- Income received from intellectual property rights and interests that are not held by the University of Nevada, Reno and the value of which exceeded $5,000 per entity in the previous 12 months.
Compensation includes any payment received from an outside entity in any form. For example, salary, consulting fees, speaker fees, honoraria, paid authorship, paid travel, loans, stocks, bonds, stock options, rights to patent or royalty payments, etc.
Important: Significant financial interests in publicly traded and non-publicly traded entities only need to be disclosed if it they are reasonably related to your University responsibilities. If the external entity could benefit from your decisions or actions as a University employee, it is related to your University responsibilities. Even if you don't actually do anything at the University that benefits the outside entity, if the potential for benefit exists, you should dislose your interest.
Financial Interests That Do Not Need To Be Disclosed
- Salary, royalties, or other compensaton paid by the University to a currently person who is a current employee.
- Income from intellectual property rights assigned to the University and agreements to share in royalties related to such rights, when a person is currently employed or otherwise appointed by the University.
- Income from investment vehicles (e.g., mutual funds and retirement accounts) when the emplyee does not directly control the investment decisions made by these vehicles.
- Income from seminars, lectures, or teaching engagements sponsored by Federal, state, or local government; an Instituion of Higher Education (as defined by 20 U.S.C. 1001 (a)); an academic teaching hospital, a medical center, or a research institute that is affiliated with an Institution of Higher Education.
- Income from service on advisory committees or review panels for a Federal, state, or local govenment, an Institution of Higher Education (as defined by 20 U.S.C. 100 (a)); an academic teaching hosptial, a medical center, or a research institute that is affiliated with an Institution of Higher Education.