12 CFR § 212.9 - Effect of Interlocks Act on Clayton Act.

---
identifier: "/us/cfr/t12/s212.9"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 212.9 - Effect of Interlocks Act on Clayton Act."
title_number: 12
title_name: "Banks and Banking"
section_number: "212.9"
section_name: "Effect of Interlocks Act on Clayton Act."
chapter_name: "FEDERAL RESERVE SYSTEM"
subchapter_number: "A"
subchapter_name: "BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM"
part_number: "212"
part_name: "MANAGEMENT OFFICIAL INTERLOCKS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 3201-3208; 15 U.S.C. 19."
regulatory_source: "61 FR 40302, Aug. 2, 1996, unless otherwise noted."
cfr_part: "212"
---


# 212.9 Effect of Interlocks Act on Clayton Act.

The Board regards the provisions of the first three paragraphs of section 8 of the Clayton Act (15 U.S.C. 19) to have been supplanted by the revised and more comprehensive prohibitions on management official interlocks between depository organizations in the Interlocks Act.