5 ms·

Any counsel worth their salt won’t let them trade if there is any non-public material news, no matter what other reasons there may be for selling. This is why

by zwily 9y ago

Any counsel worth their salt won’t let them trade if there is any non-public material news, no matter what other reasons there may be for selling. This is why most high level execs will put in place pre-arranged plans (10b5-1) for selling at different thresholds and time periods.

pishpash 9y ago
Pre-arranged is the only clean way. Don't mess with the Feds.
- seibelj 9y ago
  The government is slow and misses a lot, but they are methodical, and if they smell something they will pursue it. They have unlimited resources and their only limit is the statute. Never underestimate them.