17 CFR § 242.828 - Core Principle 11—Conflicts of interest.

---
identifier: "/us/cfr/t17/s242.828"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 242.828 - Core Principle 11—Conflicts of interest."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "242.828"
section_name: "Core Principle 11—Conflicts of interest."
chapter_name: "SECURITIES AND EXCHANGE COMMISSION"
part_number: "242"
part_name: "REGULATIONS M, SHO, ATS, AC, NMS, SE, AND SBSR, AND CUSTOMER MARGIN REQUIREMENTS FOR SECURITY FUTURES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "15 U.S.C. 77g, 77q(a), 77s(a), 78b, 78c, 78c-4, 78g(c)(2), 78i(a), 78j, 78k-1(c), 78 78m, 78n, 78(b), 78(c), 78(g), 78q(a), 78q(b), 78q(h), 78w(a), 78dd-1, 78mm, 80a-23, 80a-29, 80a-37, and 8343."
regulatory_source: "62 FR 544, Jan. 3, 1997, unless otherwise noted."
cfr_part: "242"
---


# 242.828 Core Principle 11—Conflicts of interest.

(a) The security-based swap execution facility shall:

(1) Establish and enforce rules to minimize conflicts of interest in its decision-making process; and

(2) Establish a process for resolving the conflicts of interest.

(b) A security-based swap execution facility shall comply with the requirements of § 242.834.