Code of Federal Regulations · Section
§ 39.26 — Composition Of Governing Boards
17 C.F.R. § 39.26
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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.
Authorizing Statute
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International harmonization15 U.S.C. § 8325