[Code of Federal Regulations]
[Title 17, Volume 1]
[Revised as of April 1, 2006]
From the U.S. Government Printing Office via GPO Access
[CITE: 17CFR140.735-3]

[Page 501]
 
              TITLE 17--COMMODITY AND SECURITIES EXCHANGES
 
             CHAPTER I--COMMODITY FUTURES TRADING COMMISSION
 
PART 140_ORGANIZATION, FUNCTIONS, AND PROCEDURES OF THE COMMISSION
--Table of Contents
 
  Subpart C_Regulation Concerning Conduct of Members and Employees and 
             Former Members and Employees of the Commission
 
Sec.  140.735-3  Non-governmental employment and other outside activity.

    A Commission member or employee shall not accept employment or 
compensation from any person, exchange or clearinghouse subject to 
regulation by the Commission. For purposes of this section, a person 
subject to regulation by the Commission includes but is not limited to a 
contract market or clearinghouse or member thereof, a registered futures 
commission merchant, any person associated with a futures commission 
merchant or with any agent of a futures commission merchant, floor 
broker, commodity trading advisor, commodity pool operator or any person 
required to be registered in a fashion similar to any of the above or 
file reports under the Act or pursuant to any rule or regulation 
promulgated by the Commission.\8\
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    \8\ Attention is directed to section 2(a)(7) of the Commodity 
Exchange Act, which provides, among other things, that no Commission 
member or employee shall accept employment or compensation from any 
person, exchange or clearinghouse subject to regulation by the 
Commission, or participate, directly or indirectly, in any contract 
market operations or transactions of a character subject to regulation 
by the Commission.

[58 FR 52658, Oct. 12, 1993]