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ARTICLE · 22 DECEMBER 2021

SEC Floats Tougher Rules

Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
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Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

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The SEC is proposing changes that would impose additional conditions on 10b5-1 plans. As noted, if adopted, users of the plans would be required to wait 120 days before buying or selling stock...

United StatesCorporate/Commercial Law

The SEC is proposing changes that would impose additional conditions on 10b5-1 plans. As noted, if adopted, users of the plans would be required to wait 120 days before buying or selling stock under the plans after such plans are set up or modified. There are also other restrictions being proposed.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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