On December 15, 2021, the Securities and Exchange Commission (the “SEC”) proposed amendments (the “proposal”) to Rule 10b5-1 under the Securities Exchange Act of 1934 (the “Exchange Act”) and related disclosure obligations for public companies. The proposal would (i) add new conditions to the availability of the affirmative defense to insider trading liability contained in Rule 10b5-1 that are designed to address concerns about abuse of the rule by issuers and insiders to trade securities on the basis of material nonpublic information (“MNPI”) and (ii) enhance public disclosure by issuers and insiders of such trading plans. This Legal Alert describes the proposal and discusses some practical considerations.
下载 –
最新观点
-
5 月 17 日2022 年
-
4 月 21 日2022 年
Top 10 Practice Tips: Lock-Up Agreements
Lexis Practical Guidance -
4 月 20 日2022 年
Proposed Rules Could Require Dealer Registration by Principal Trading Firms, Private Funds, Investment Advisers and Other Market Participants
接受最新的观点信息
订阅电子邮件