Mark D. Harris and Margaret A. Dale IAC Recommendations Portend a Shakeup in Rule 10b5-1 Plans
The move exemplifies an increased focus by the SEC on preventing insider trading by corporate executives.
October 25, 2021 at 12:00 PM
6 minute read
The SEC appears poised to change the rules governing Rule 10b5-1 securities trading plans. The move follows draft recommendations released by the SEC's Investor Advisory Committee (IAC) on Aug. 25, 2021, as well as comments by SEC Chair Gary Gensler encouraging a change in the regulations. The move exemplifies an increased focus by the SEC on preventing insider trading by corporate executives.
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