Public representative continuity required: nominees must meet integrity and competence criteria and serve until successors are appointed. The Board substituted the exchange's Article to require that nominated Public Representatives be persons of integrity, with professional competence and market-related experience and local public eminence, subject to prior regulatory approval, and that such public representatives shall continue to hold office until new public representatives are appointed in their place, thereby preventing gaps in public representation on the Governing Board and statutory committees.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Public representative continuity required: nominees must meet integrity and competence criteria and serve until successors are appointed.
The Board substituted the exchange's Article to require that nominated Public Representatives be persons of integrity, with professional competence and market-related experience and local public eminence, subject to prior regulatory approval, and that such public representatives shall continue to hold office until new public representatives are appointed in their place, thereby preventing gaps in public representation on the Governing Board and statutory committees.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
