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The talk was of a bill to bring congressional trading in line with executive trading (I.e. totally transparent with 6-12 irreversible lead times on any trades).
by jimbob45 5y ago
The talk was of a bill to bring congressional trading in line with executive trading (I.e. totally transparent with 6-12 irreversible lead times on any trades). I don’t know that anyone was pushing for an outright ban.
- sokoloff 5y ago10b5 plans can be cancelled, with the penalty of a short waiting period before re-adopting a new 10b5 plan. (It’s obviously difficult to prove an improper insider trade happened if no trade happened.)