17 CFR § 240.3b-7 - Definition of “executive officer”.

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identifier: "/us/cfr/t17/s240.3b-7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "17 CFR § 240.3b-7 - Definition of “executive officer”."
title_number: 17
title_name: "Commodity and Securities Exchanges"
section_number: "240.3b-7"
section_name: "Definition of “executive officer”."
chapter_name: "SECURITIES AND EXCHANGE COMMISSION"
part_number: "240"
part_name: "GENERAL RULES AND REGULATIONS, SECURITIES EXCHANGE ACT OF 1934"
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currency: "2026-04-05"
last_updated: "2026-04-05"
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cfr_part: "240"
---


# 240.3b-7 Definition of “executive officer”.

The term *executive officer,* when used with reference to a registrant, means its president, any vice president of the registrant in charge of a principal business unit, division or function (such as sales, administration or finance), any other officer who performs a policy making function or any other person who performs similar policy making functions for the registrant. Executive officers of subsidiaries may be deemed executive officers of the registrant if they perform such policy making functions for the registrant.

[47 FR 11464, Mar. 16, 1982, as amended at 56 FR 7265, Feb. 21, 1991]