§39.26. Composition of governing boards.
17 C.F.R. § 39.26
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.
Notes, amendments, and revision history
Amendments
[85 FR 4862, Jan. 27, 2020]
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]