United States: Landmark SEC And DOJ Insider Trading Cases Signal Increased Scrutiny Of Rule 10b5-1 Plans - Akin Gump Strauss Hauer & Feld LLP

United States: Landmark SEC And DOJ Insider Trading Cases Signal Increased Scrutiny Of Rule 10b5-1 Plans - Akin Gump Strauss Hauer & Feld LLP

Mondaq

Published

On March 1, 2023, the SEC and DOJ filed insider trading charges against a public company executive alleging he traded pursuant to 10b5-1 trading plans he adopted while he was in possession of material nonpublic information. Rule 10b5-1, first adopted in 2000.

Full Article