Public Director definition

Public Director means a Person that meets the qualifications described in Rule 207(e).
Public Director means an individual having the qualifications set forth inRule 201(d). “Public Member” has the meaning given that term in Rule 710(b).
Public Director means a Director of the Board who has been found by the Board, on the record, to have no Material Relationship with the SEF.

Examples of Public Director in a sentence

Each Public Director shall be elected in accordance with the LLC Agreement, and shall serve for a term of two years from the date of his election (or the remainder of any Public Director term to which he is elected as a replacement) and until his successor is duly appointed, or until his earlier resignation, removal for cause or dismissal pursuant to the LLC Agreement.

The chairman of the Appeals Panel shall be an individual who would not be disqualified from serving as a Public Director.

Except in cases limited to the timely submission of accurate records, each Disciplinary Panel shall consist of at least one individual who would not be disqualified from serving as a Public Director, who shall chair the Disciplinary Panel.

Public Director Qualifications To serve as a Public Director of the Board and any of the Standing Committees as and when may be required by applicable CFTC Regulations and Rules 201 through 205 above, an individual must meet the qualifications of a Public Director specified by such CFTC Regulations, the CEA and other Applicable Law in effect for the period of such service.

A “material relationship” is one that reasonably could affect the independent judgment or decision making of such individual as a Public Director.


More Definitions of Public Director

Public Director means an individual having the qualifications set out in Rule 201(d).
Public Director means (i) prior to the time at which the CFTC Regulations establish required qualifications for public directors, any Director, and (ii) from and after such time at which the CFTC Regulations establish required qualifications for public directors, a Director found by the Board to have satisfied such requirements.
Public Director means any Director who qualifies as a “Public Director” within the meaning of the By-Laws.
Public Director or “Public committee member” means a Director or committee member who has no material business relationship with a broker or dealer, the Corporation or its affiliates, or FINRA; and
Public Director or “Public committee member” means a Director or committee member who (1) is not an Industry Director or Industry committee member, (2) is not an Issuer Director or Issuer committee member, and (3) has no material business relationship with a member or member organization of a Self- Regulatory Subsidiary, the Corporation or its affiliates, or FINRA;
Public Director means a Director having the qualifications set out in Rule 202. “Regulatory Services Agreement” means the agreement(s) between the Exchangeand the Regulatory Service Provider(s) whereby certain functions mandated under the CEA, such as market monitoring and trade practice surveillance, are delegated to the Regulatory Services Provider(s).
Public Director means an individual having the qualifications set forth inRule 2.1.(d).