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SEC Staff to Toughen Corporate Insider Securities Trading Pursuant to Rule 10b5-1 Regs


Tuesday, July 20, 2021
Last month, the U.S. Securities and Exchange Commission (“SEC”) released its 2021 regulatory agenda that included the affirmative defense provisions of Rule 10b5-1 among the areas in which the agency may take additional rulemaking action.
1 This release followed an announcement by SEC Chairman Gary Gensler (“Gensler”) on June 7, 2021, that he had directed SEC staff to consider both tougher restrictions on securities trading by corporate insiders pursuant to Rule 10b5-1 trading plans and increased transparency for such trading.  Gensler expressed his concern that abuse of Rule 10b5-1 plans has led to a gap in insider trading laws and undermines investor confidence in the markets. ....

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View: Inside Facebook's data wars - The Economic Times


View: Inside Facebook’s data wars
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Last Updated: Jul 15, 2021, 11:06 AM IST
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Synopsis
With only about 25,000 users, CrowdTangle is one of Facebook’s smallest products, but it has become a valuable resource for power users including global health organizations, election officials and digital marketers, and it has made Facebook look transparent compared with rival platforms like YouTube and TikTok, which don’t release nearly as much data.
Reuters
CrowdTangle story is important because it illustrates the way that Facebook’s obsession with managing its reputation often gets in the way of its attempts to clean up its platform.
One day in April, the people behind CrowdTangle, a data analytics tool owned by Facebook, learned that transparency had limits. ....

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