UW-River Falls Administrative Policy
Conflict of Interest/Financial Disclosure
To ensure that UW-River Falls grant-funded researchers do not have external financial interests which would conflict with or bias the results of their research.
New federal rules require universities receiving grants from the National Science Foundation and Public Health Service to have in place a Conflict of Interest/Financial Disclosure policy by October 1, 1995. This paper establishes such a policy for UW-River Falls.
The UW-River Falls Chancellor issues this policy in accordance with the Administrative Policy process.
The VCAF is responsible for the administration of this policy. Request an exception to this policy by writing to firstname.lastname@example.org.
Failure to adhere to the provisions of this policy may result in appropriate disciplinary action as provided under existing procedures applicable to students, faculty, and staff, and/or civil or criminal prosecution.
The Director of Grants and Research shall be responsible for implementing, publicizing and administering this policy.
Departments and units (and their members) are responsible for adhering to the policy.
In recent years, several scandals have emerged which call into question the ethics of some academic scientists. For instance, researchers investigating the efficacy of new drugs have been found to be very well-paid consultants to the pharmaceutical companies which had invented the new drugs and proposed them for FDA approval. In the face of Congressional pressure, the Public Health Service and the National Science Foundation created new rules governing conflict of interest and financial disclosure which will prevent such abuses. Early versions of those rules were proposed in 1994. After comment and reconsideration, final rules were published in the Federal Register on July 11, 1995 (vol. 60, no. 132, pp. 35809-35819; editorial corrections appear in the July 31 issue).
Chapter UWS 8 of the Wisconsin Administrative Code currently serves as the Code of Ethics for unclassified staff. It requires unclassified staff to report significant outside activities and interests each year. Those requirements are unchanged by this policy paper. UWS legal counsel has determined that UWS 8 is not sufficient to meet the new rules. Consequently UW institutions must implement a policy in accord with the new rules; hence this UW-River Falls policy paper.
Please direct questions about this policy to email@example.com.