SEC Commissioner Peirce supports proposal aimed at insider trading

"I support today’s proposal to address potential abuses of Rule 10b5-1(c) trading arrangements.  The proposed cooling-off periods of 120 days for officers and directors and 30 days for issuers, and restrictions on multiple overlapping plans strike me as reasonable changes designed to ward off abuses in this context"

To read this article, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

New to Regulatory Compliance Watch?

Register now to read this article and more for free.