# Management Official Interlocks
> **US Federal Reserve System** · Joint final rule. · Published 1996-08-02 · Effective 1996-10-01 · 61 FR 40293
## Document
- **Document number:** 96-19400
- **Category:** final-rule
- **Agency:** US Federal Reserve System
- **Federal Register citation:** 61 FR 40293
- **CFR reference:** 12 CFR 26
- **Publication date:** 1996-08-02
- **Effective date:** 1996-10-01
- **Docket:** Docket No. 96-15
## Abstract

The Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) (collectively, the agencies) are revising their rules regarding management interlocks. This final rule conforms the interlocks rules to recent statutory changes, modernizes and clarifies the rules, and reduces unnecessary regulatory burdens where feasible, consistent with statutory requirements. In so doing, it reflects comments received on the proposed rule and the agencies' further internal considerations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1996/08/02/96-19400/management-official-interlocks)
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