§39.25. Conflicts of interest.
17 C.F.R. § 39.25
A derivatives clearing organization shall:
Establish and enforce rules to minimize conflicts of interest in the decision-making process of the derivatives clearing organization;
Establish a process for resolving such conflicts of interest; and
Have procedures for identifying, addressing, and managing conflicts of interest involving members of the board of directors.
Notes, amendments, and revision history
Amendments
[85 FR 4862, Jan. 27, 2020, as amended at 88 FR 53684, Aug. 8, 2023]
Authority
Authority: 7 U.S.C. 2, 6(c), 7a-1, and 12a(5); 12 U.S.C. 5464; 15 U.S.C. 8325; Section 752 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203, title VII, sec. 752, July 21, 2010, 124 Stat. 1749.
Source
Source: 76 FR 69430, Nov. 8, 2011, unless otherwise noted.
Amendments
[85 FR 4862, Jan. 27, 2020, as amended at 88 FR 53684, Aug. 8, 2023]