First study of US SEC Rule 10b5-1 finds `opportunistic, large-scale’ insider sales of company shares
( January 19, 2021, 22:31 GMT | Official Statement) -- MLex Summary: An academic study provides the first empirical evidence of the impact of the US Securities and Exchange Commission’s 2002 Exchange Act Rule 105b-1, which outlines conditions in which corporate executives can trade company shares without engaging in insider trading. The study found that executives often made “opportunistic, large-scale” sales of their company’s stock. See document below. ...
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