In determining where there may be a conflict of interest arising, factors that may be considered will include whether:

(a) A person has breached any fiduciary obligations to the licensed exchange or terms of employment;
(b) A person has undertaken actions that would be difficult to defend, when looked at objectively, as being in the interest of the licensed exchange; and
(c) A person has failed to declare a personal interest that has a material impact in terms of the person's relationship with the licensed exchange in general, and interest in holding any listed securities or futures contracts in particular.
Added: April 2013