3 ms·
Up until a few months ago you could always schedule it all to be sold based on no insider info, and then continuously cancel the ongoing sales based on insider
by cma 4y ago
Up until a few months ago you could always schedule it all to be sold based on no insider info, and then continuously cancel the ongoing sales based on insider information (canceling was not considered trading).
https://www.sec.gov/news/statement/lizarraga-insider-trading-20221214 https://www.sec.gov/news/statement/lizarraga-insider-trading...
And you could presumably do the same for buying. I'm not sure about doing so for buying and selling/shorting at the same time and then selectively cancelling.