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In the final rule, the Commission amended its regulations related to interlocking officers and directors to clarify and update the requirements for both applicants and holders.  In particular, the Commission updated its regulations to reflect statutory changes to the circumstances in which an applicant who would otherwise require Commission authorization to hold an interlocking position need not do so. The Commission also revised its regulations to clarify its position on late-filed applications and informational reports. The Commission further revised its regulations to clarify that an interlock holder is not required to file a notice of change when merely changing positions within a holding company. Additionally, the Commission revised its regulations to state that applicants do not need to list in their applications public utilities that do not have officers or directors. Next, the Commission revised its regulations with regard to public utilities owned by a natural person. Finally, the Commission updated its regulations to remove a section containing definitions and phrases now rendered obsolete (Docket No. RM18-15-000).