This Client Alert looks at the proposed rules released by the SEC on December 15, 2021 regarding Rule 10b5-1 trading plans and company share repurchases. The SEC is proposing new requirements for the use of Rule 10b5-1 trading plans on both those adopting such plans and the company whose securities are covered by such plans. Regarding company share repurchases, the SEC has proposed new reporting requirements, including a new form.
The SEC is accepting comments for 45 days after the proposed rules are published in the Federal Register.
Click here to download the Client Alert in PDF.