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I think the issue may be that a 10b5-1 is the only way to do this without avoiding liability. Just having your broker make trades for you, even if they're "sche
by joshuamorton 5y ago
I think the issue may be that a 10b5-1 is the only way to do this without avoiding liability. Just having your broker make trades for you, even if they're "scheduled", isn't enough.
- erik_seaberg 5y agoIt’s pretty important that you can’t schedule a bunch of trades and then cancel the ones that end up looking bad with nonpublic info.