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SEC Adopts Amendments to Modernize Rule 10b5-1 Insider Trading Plans and Related Disclosures

New conditions to the availability of the affirmative defense under the Rule 10b5-1(c)(1), including a cooling-off period before trading can begin for directors, officers, and other persons (other than issuers) - New...more

U.S. SEC Proposes New Share Repurchase/Buyback Disclosure Rules and Amendments to 10b5-1 Plan Regime

As expected, the U.S. Securities and Exchange Commission released two significant rule proposals for issuers on December 15, 2021—one regarding issuer share repurchases and the other regarding issuer and director and officer...more

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