FERC Form No. 561, Annual Report of Interlocking Directorates

The information the Commission collects with the FERC Form 561 (Annual Report of Interlocking Positions) responds to the FPA requirements for annual reporting of similar types of positions public utility officers and directors hold with financial institution, insurance companies, utility equipment and fuel providers, and with any of an electric utility's 20 largest purchasers of electric energy (i.e. the 20 entities with high expenditures of electricity). The FPA specifically defines most of the information elements in the Form 561 including the information that must be filed, the required filers, the directive to make the information available to the public, and the filing deadline. The Commission uses the information collected by the Form 561 to implement the FPA requirement that those who are authorized to hold interlocked directorates annually disclose all the interlocked positions held within the prior year. The Form 561 data identifies persons holding interlocking positions between public utilities and other entities, allows the Commission to review these interlocking positions, and allows identification of possible conflicts of interest.

The latest form for FERC Form No. 561, Annual Report of Interlocking Directorates expires 2023-11-30 and can be found here.