; (V) an investment fund held in a Federal, State, or local government employee retirement plan; (VI) an interest in a small business concern, if the small business concern does not present a conflict of interest; or (VII) any stock, bond, commodity, future, or other form of security, including an interest in a hedge fund, a derivative, option, or other complex investment vehicle received as compensation from the primary occupation of the spouse of the commissioner or person employed by the Commission. (ii) Definitions In this subparagraph: (I) Commodity The term commodity has the meaning given that term in section 1a of the Commodity Exchange Act ( 7 U.S.C. 1a ). (II) Diversified The term diversified , with respect to an investment fund, means that the investment fund does not have a stated policy of overly concentrating its investments. (III) Security The term security has the meaning given that term in section 3(a) of Securities Exchange Act of 1934 ( 15 U.S.C. 78c(a) ). (IV) Small business concern The term small business concern has the meaning given that term under section 3 of the Small Business Act ( 15 U.S.C. 632 ). (V) Widely held investment fund The term widely held investment fund means a widely held investment fund described in section 102(f)(8) of the Ethics in Government Act of 1978 (5 U.S.C. App.). (d) Vacancies (1) Filling vacancies Any commissioner appointed to fill a vacancy occurring prior to the expiration of the term for which the predecessor of the commissioner was appointed shall be appointed only for the remainder of that term. (2) Service after expiration of term A commissioner— (A) except as provided in subparagraph (B), may continue to serve after the expiration of the term of the commissioner until a successor is appointed and has been confirmed and taken the oath of office