# 17 C.F.R. § 205.4 (2026): Responsibilities of supervisory attorneys

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_4

## Section

- **Citation:** 17 C.F.R. § 205.4 (2026)
- **Heading:** Responsibilities of supervisory attorneys
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 17 CFR: Commodity and Securities Exchanges / Chapter II: SECURITIES AND EXCHANGE COMMISSION / Part 205: STANDARDS OF PROFESSIONAL CONDUCT FOR ATTORNEYS APPEARING AND PRACTICING BEFORE THE COMMISSION IN THE REPRESENTATION OF AN ISSUER / § 205.4: § 205.4   Responsibilities of supervisory attorneys.

## Text

(a) An attorney supervising or directing another attorney who is appearing and practicing before the Commission in the representation of an issuer is a supervisory attorney. An issuer's chief legal officer (or the equivalent thereof) is a supervisory attorney under this section.
(b) A supervisory attorney shall make reasonable efforts to ensure that a subordinate attorney, as defined in § 205.5(a), that he or she supervises or directs conforms to this part. To the extent a subordinate attorney appears and practices before the Commission in the representation of an issuer, that subordinate attorney's supervisory attorneys also appear and practice before the Commission.
(c) A supervisory attorney is responsible for complying with the reporting requirements in § 205.3 when a subordinate attorney has reported to the supervisory attorney evidence of a material violation.
(d) A supervisory attorney who has received a report of evidence of a material violation from a subordinate attorney under § 205.3 may report such evidence to the issuer's qualified legal compliance committee if the issuer has duly formed such a committee.

## Nearby sections

- [17 C.F.R. § 205.1 (2026) § 205.1   Purpose and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_1.md)
- [17 C.F.R. § 205.2 (2026) § 205.2   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_2.md)
- [17 C.F.R. § 205.3 (2026) § 205.3   Issuer as client.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_3.md)
- [17 C.F.R. § 205.4 (2026) § 205.4   Responsibilities of supervisory attorneys.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_4.md)
- [17 C.F.R. § 205.5 (2026) § 205.5   Responsibilities of a subordinate attorney.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_5.md)
- [17 C.F.R. § 205.6 (2026) § 205.6   Sanctions and discipline.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_6.md)
- [17 C.F.R. § 205.7 (2026) § 205.7   No private right of action.](https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_7.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T17_P205_S205_4. Check the current official text before relying on it. Not legal advice.