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Rule 3b-7 17cfr240_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.


Regulatory History

SEC Release 34-18524:  47 FR 11464, Mar. 16, 1982
SEC Release 34-28869:  56 FR 7265, Feb. 21, 1991

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