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Blog: House budget package would scrap proxy advisor rules | Cooley LLP
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House Budget Package Would Scrap Proxy Advisor Rules - Corporate/Commercial Law
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Congress And SEC Contemplate Modifying 10b5-1 Insider Trading Plans - Corporate/Commercial Law
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Recent warnings from the US Securities and Exchange Commission ( SEC ) and the US Congress could translate into more aggressive scrutiny of trading plans adopted pursuant to Rule 10b5-1 of the Securities and Exchange Act of 1934 ( Exchange Act ).
In a speech delivered on June 7, 2021, SEC Chair Gary Gensler identified several cracks in Rule 10b5-1 trading plans that could allow for insider trading.
1 A few days later, the SEC released an updated rulemaking agenda, which includes amendments to the affirmative defense against insider trading provided by Rule 10b5-1 to corporate executives and directors
US senators call on Biden to put pressure on Turkey s Erdogan over Cyprus
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