In the context of heightened regulatory scrutiny and the SEC’s proposed rule on 10b5-1 and insider trading, Morrison & Foerster’s “The Rise of Rule 10b5-1 Enforcement and How Companies Can Mitigate Risk of DOJ and SEC Actions” suggests a series of manageable and sound Rule 10b5-1 plan and insider trading practices for companies to mitigate the potential for regulatory investigations and enforcement actions.
See our recent report: “SEC Charges Execs with Insider Trading Under 10b5-1 Plan”; this Bloomberg article: “US Probes Insider Trading in Prearranged Executive Stock Sales”; and additional resources on our Insider Trading/Section 16/Rule 10b5-1 page. This post first appeared in the weekly Society Alert!