Michael Birnbaum, Jina Choi, Haima Marlier, Scott Lesmes, and David Lynn authored an article for the Wall Street Lawyer covering the U.S. Securities and Exchange Commission's (SEC) proposed amendments to Rule 10b5-1 under the Securities Exchange Act of 1934.
The authors note these amendments address “critical gaps in the SEC’s insider trading regime and to help shareholders understand when and how insiders are trading in securities for which they may at times have material nonpublic information.”
Read the full article.