Federal Policy - Disclosure
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“Financial Interest”
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Income > $10,000 (salary, fees, honoraria,
dividends)
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Equity > $10,000 or a 5% ownership interest
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Intellectual property interest on a patent, patent
application, or copyright of software assigned to a
party other than USC
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(Disclosure form)
What constitutes a “financial interest” – defined in policy
Financial Interest is in the
aggregate and applies to spouse and children
Income or ownership from a single entity
Does not include
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salary
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royalties
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stipends
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honoraria or other remuneration from USC.
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Also NOT income from
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seminars,
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lectures, or
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teaching engagements sponsored by public or nonprofit entities
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income from service or advisory committees/review panels for public and non-profit entities