1. LawStack
  2. Title 17 - Commodity and Securities Exchange
  3. Chapter I - COMMODITY FUTURES TRADING COMMISSION
  4. Part 39 - DERIVATIVES CLEARING ORGANIZATIONS
  5. Subpart B - Compliance with Core Principles
  6. 17 CFR § 39.26
17 CFR § 39.26
Composition of governing boards
April 15, 2021
CFR

A derivatives clearing organization shall ensure that the composition of the governing board or board-level committee of the derivatives clearing organization includes market participants and individuals who are not executives, officers, or employees of the derivatives clearing organization or an affiliate thereof.

[85 FR 4862, Jan. 27, 2020]

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§ 39.25 Conflicts of interest
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§ 39.27 Legal risk considerations

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