New SEC Disclosures in Share Repurchases Periodic Reports
To prepare for compliance with the new disclosure rules, issuers should evaluate directors and officers trade policies while a repurchase program is in effect and document the rationale for their repurchases and the process employed to determine the amount of repurchases.
Exchange Commission Listed Closed End Funds Closed End Funds Regulations K Listed Closed End Insiders Close
Source: natlawreview.com