On December 14, 2022, the U.S. Securities and Exchange Commission (SEC) adopted several amendments and new disclosure requirementsintended to deal with what it perceives could additionally be abusive practices relating to Rule 10b5-1 trading plans, certain equity awards and gifts
SEC Adopts Final Rules Regarding 10b51 Trading Plans And Disclosure Of Insider Trading Policies And Related Matters
On December 14, 2022, the united states Securities and Exchange Commission (“SEC”) adopted ultimate guidelines (1) including new conditions relevant to Rule 10b5-1 trading plans, (2) requiring disclosure of insider trading insurance policies and procedures and the adoption, modification or
SEC Adopts Amendments To Rules Governing Rule 10b51 Trading Plans
On December 14, 2022, the Securities and Exchange Commission unanimously adopted last rules regarding Rule 10b5-1 plans. Properly structured, a Rule 10b5-1 plan provides an affirmative protection to Rule 10b-5 legal responsibility for insider trading. The SEC adopted the new