Security Ownership Restrictions

The NRC supplemental standards of conduct (5 CFR 5801.102 ) prohibit certain employees, as well as their spouses and minor children, from owning any securities issued by nuclear entities on a list published annually. This prohibition extends to all senior employees (i.e. SES, SLS, or above) and employees GG-15 or below with regulatory responsibilities whose position is listed in Management Directive 7.7. An employee who may have to pay capital gains taxes from the sale of prohibited securities can obtain, through OGC, a Certificate of Divestiture, which allows deferral of payment of those taxes.