Common use of Foreign Public Funds Clause in Contracts

Foreign Public Funds. 20.1 There is no absolute restriction on employees or Immediate Family Members investing in a Foreign Public Fund ("FPF"). Ownership limits do, however, apply and circumstances could arise in which employees or their Immediate Family Members are required to divest from an FPF. Generally FPFs, under the Xxxxxxx Rule, are Non-US funds that are authorized to sell to retail investors (i.e. the general public).