OBSI is overseen by an independent Board of Directors. OBSI’s bylaws require that a majority of directors, including the Board Chair, be independent, meaning they have not been affiliated with industry for at least two years. These independent directors are referred to as community directors. Three of the community directors are also designated as consumer interest directors, who have a particular interest in, access to, and competency with the interests and perspectives of the consumers that OBSI serves. The board also includes three designated industry directors who are directly affiliated with a participating firm.