Reading Room Document
Exemption under 18 U.S.C. 208(b) in relation to ownership of securities.
The document is a memorandum regarding a request for an exemption under 18 U.S.C. 208(b) in relation to ownership of securities. The conclusion reached in the document is that the request for an exemption covering stockholdings in Peoples Drug Stores, Inc. and Coastal Caribbean Oils & Minerals, Ltd. is not necessary. The document presents the question of whether any financial interest held by the individual or their spouse in other securities holdings would be substantial enough to affect their integrity as a government official in any matter in which they participate.
The OLC's Opinions
Opinions published by the OLC, including those released in response to our FOIA lawsuit