Financial Disclosure Review Committee
(FDRC)
Investigators who have funded research are required to indicate on USC?s Proposal Approval Record form whether they have financial interest that would reasonably appear to be affected by the research proposed for funding, and in particular, how the researcher can maintain objectivity in the conduct of research. Reportable financial interests are defined very specifically by federal regulations and USC policy. Under the regulations, USC is responsible for reviewing disclosures internally, and determining how to manage or eliminate conflicts of interest or in some cases, to forbid the activity.
It is the charge of the Financial Disclosure Review Committee (FDRC) to review the disclosures, determine whether an actual financial conflict or interest exists, and recommend to the Vice Provost for Research any conditions or restrictions that should be imposed to manage, reduce or eliminate such conflicts.
2/2004