PART 3401—SUPPLEMENTAL STANDARDS OF ETHICAL CONDUCT FOR EMPLOYEES OF THE FEDERAL ENERGY REGULATORY COMMISSION Authority: 5 U.S.C. 7301; 5 U.S.C. App. (Ethics in Government Act of 1978); 42 U.S.C. 7171, 7172; E.O. 12674, 54 FR 15159, 3 CFR, 1989 Comp., p. 215, as modified by E.O. 12731, 55 FR 42547, 3 CFR, 1990 Comp., p. 306; 5 CFR 2635.105, 2635.402(c), 2635.403, 2635.502(e), 2635.604, 2635.803. Source: 61 FR 43414, Aug. 23, 1996, unless otherwise noted. § 3401.101 General. In accordance with 5 CFR 2635.105, the regulations in this part apply to employees of the Federal Energy Regulatory Commission (Commission) and supplement the Standards of Ethical Conduct for Employees of the Executive Branch contained in 5 CFR part 2635. In addition to the standards in 5 CFR part 2635 and this part, employees are subject to the executive branch financial disclosure regulations contained in 5 CFR part 2634, additional regulations on responsibilities and conduct at 5 CFR part 735, and Commission specific provisions contained in 18 CFR part 3c. § 3401.102 Prohibited financial interests. (a) General prohibition. (1) Natural gas companies; (2) Interstate oil pipelines; (3) Hydroelectric licensees or exemptees; (4) Public utilities; (5) Transmitting utilities or electric utilities engaged in the wholesale sale or transmission of electricity or having obtained an interconnection or wheeling order under part II of the Federal Power Act; (6) Liquefied natural gas terminals as defined by section 3 of the Natural Gas Act; or (7) Parent companies of an entity identified in paragraphs (a)(1) through (a)(6) of this section. (b) Prohibited securities list. (c) Exception. (d) Reporting and divestiture Reporting of prohibited securities. (2) Divestiture of prohibited securities. (3) Disqualification pending divestiture. (4) Tax treatment of gain on divested securities. (e) Waiver. (f) Definitions. (1) The term securities (2) The term parent [76 FR 1336, Jan. 10, 2011] § 3401.103 Procedures for accomplishing disqualification. (a) An employee, other than a member of the Commission, who is required, in accordance with 5 CFR 2635.402(c), 2635.502(e), or 2635.604(a), to disqualify himself from participation in a particular matter before the Commission shall provide written notice of disqualification to his supervisor and to the DAEO when he becomes aware of the need to disqualify himself from participation in the matter. This procedure is required notwithstanding the guidance in 5 CFR 2635.402(c)(2), 2635.502(e)(2), and 2635.604(c). (b) An employee may withdraw written notice under paragraph (a) of this section upon determining that disqualification from participation in the matter is no longer required. A withdrawal of disqualification shall be in writing and shall be provided to the employee's supervisor and to the DAEO. § 3401.104 Prior approval for outside employment. (a) Prior approval requirement. (b) Approval of requests. (c) Definitions.