Chair Gensler on 10b5-1 Trading Plans
By EsqSocial Corporation 08/06/21
Yesterday, speaking at a conference, Securities and Exchange Commission Chair Gary Gensler shared some thoughts regarding Rule 10b5-1 plans and how the SEC might “freshen up” the rule. The Chair noted that currently there is no required cooling off period required when an insider establishes a plan and then makes a first trade pursuant to the trading plan. ...
By: Mayer Brown Free Writings + Perspectives