; and (B) subject to any rule or order of the appropriate commission, enforce compliance by members of the authority (and persons associated with those members) with the provisions of applicable law, the rules under those provisions, and the rules of the authority. (3) The rules of the authority provide that any crypto asset intermediary may become a member of the authority and any person may become associated with a member of the authority. (4) The rules of the authority provide for the following allocation of a 13-member board of directors: (A) 3 governmental directors, as follows: (i) The Director of the Office of Financial Innovation of the Commodity Futures Trading Commission, or the designee of the Director. (ii) The Director of the Office of Financial Innovation of the Securities and Exchange Commission, or the designee of the Director. (iii) The Director of the Financial Crimes Enforcement Network, or the designee of the Director. (B) 4 independent directors— (i) who are appointed by the President, with specializations in financial technology, consumer protection, and financial markets, except that those 4 directors shall not be affiliated, through a close relative or a financial interest with any member of the authority; and (ii) 1 of whom is designated by the President as chair of the authority. (C) 6 directors appointed by the members of the prospective authority. (5) The rules of the authority provide for the equitable allocation of reasonable dues, fees, and other charges among members of the authority and other persons using any facility or system that the authority operates or controls. (6) The rules of the authority— (A) are designed to— (i) prevent fraudulent and manipulative acts and practices in order to promote just and equitable principles of trade; (ii) foster cooperation and coordination with persons engaged in regulating, clearing, settling, processing information with respect to, and facilitating transactions in crypto assets