Sec. 62.11  Information required.

    Each application shall include the following information:
    (a) The full name, occupation, and business address of the 
applicant.
    (b) With respect to each carrier of which the applicant is an 
officer or director or seeks to be an officer of director, indicate the 
applicant's position, the nature of the applicant's duties, the date 
applicant assumed or will assume such duties, and specify every common 
carrier in which applicant has a financial interest, together with a 
description thereof.
    (c) Provide a full explanation of the reasons why grant of the 
authority sought will not adversely affect either public or private 
interests. In this regard, address whether grant of the permission 
requested could result in anticompetitive conduct by carriers covered by 
the request or by carriers upon which applicant already acts as officer 
or director, diminution in the independence of each carrier, or 
potential conflicts of interests on the part of common directors or 
officers in violation of their fiduciary duties. Set forth any steps 
which will be taken by the applicant to safeguard against such 
occurrences.
    (d) State whether the applicant has, as director or officer of any 
carrier subject to the Act, received for his own benefit, directly or 
indirectly, any money or thing of value in respect of negotiation, 
hypothecation, or sale of any securities issued or to be issued by such 
carriers, or has shared in any of the proceeds thereof, or has 
participated in the making or paying of any dividends of such carrier 
from any funds properly included in capital accounts.