Tips For Your Rule 10b5-1 Trading Plan Policy

Law360, New York (May 14, 2013, 2:38 PM EDT) -- Rule 10b5-1 trading plans are no stranger to controversy. First introduced in 2000 by the U.S. Securities and Exchange Commission, Rule 10b5-1 trading plans permit a corporate insider to adopt a plan of acquisition or disposition of his or her company’s stock when not in possession of material nonpublic information so that trades may be executed by a broker at predetermined times regardless of whether the insider then possesses material nonpublic information.

Now that investigations have been initiated by U.S. Attorney’s Offices and the SEC into...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.