---
kind: "section"
citation: "17 C.F.R. § 205.5"
title: "17"
number: "205.5"
heading: "Responsibilities of a subordinate attorney."
url: "https://uscodex.org/cfr/17/205.5"
---

# §205.5. Responsibilities of a subordinate attorney.

- (a) An attorney who appears and practices before the Commission in the representation of an issuer on a matter under the supervision or direction of another attorney (other than under the direct supervision or direction of the issuer's chief legal officer (or the equivalent thereof)) is a subordinate attorney.
- (b) A subordinate attorney shall comply with this part notwithstanding that the subordinate attorney acted at the direction of or under the supervision of another person.
- (c) A subordinate attorney complies with [§ 205.3](/cfr/17/205.3.md) if the subordinate attorney reports to his or her supervising attorney under [§ 205.3(b)](/cfr/17/205.3.md?p=b) evidence of a material violation of which the subordinate attorney has become aware in appearing and practicing before the Commission.
- (d) A subordinate attorney may take the steps permitted or required by § [205.3(b)](/cfr/17/205.3.md?p=b) or [(c)](/cfr/17/205.3.md?p=c) if the subordinate attorney reasonably believes that a supervisory attorney to whom he or she has reported evidence of a material violation under [§ 205.3(b)](/cfr/17/205.3.md?p=b) has failed to comply with [§ 205.3](/cfr/17/205.3.md).

## Notes

### Authority

Authority: 15 U.S.C. 77s, 78d-3, 78w, 80a-37, 80a-38, 80b-11, 7202, 7245, and 7262.

### Source

Source: 68 FR 6320, Feb. 6, 2003, unless otherwise noted.