. . . . "Proposed Section 4.15 provides that no contract or transaction between NASD Regulation and a Director or officer, orbetween NASD Regulation and any other entity in which a Director or officer is a director or officer, or has a financial interest, shall be void or voidable solely for this reason if: (i) the material facts pertaining to the Director's or officer's relationship or interest and the co" . . .