A derivatives clearing organization shall:

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(a) Establish and enforce rules to minimize conflicts of interest in the decision-making process of the derivatives clearing organization;

(b) Establish a process for resolving such conflicts of interest; and

(c) Have procedures for identifying, addressing, and managing conflicts of interest involving members of the board of directors.

[85 FR 4862, Jan. 27, 2020, as amended at 88 FR 53684, Aug. 8, 2023]