The SEC is proposing changes that would impose additional conditions on 10b5-1 plans. As noted, if adopted, users of the plans would be required to wait 120 days before buying or selling stock under the plans after such plans...more
The regulators have made it clear that they are revisiting Rule 10b5-1 Executive Stock Sale Plans with a view of “tightening” them up. While we cannot, with specificity, anticipate what the changes will be in connection with...more