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SEC Proposes Major Rule Changes on Trading Plans and Corporate Buybacks

By Nick Grabar & Lillian Tsu on December 28, 2021
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On December 15, 2021, the SEC issued for public comment two separate proposals that will, if adopted, significantly affect how corporate directors, officers and employees trade securities of their companies and how companies repurchase their own shares.

This memorandum walks through the two proposals in turn and concludes with some general takeaways and possible issues for comment.

Photo of Lillian Tsu Lillian Tsu

Lillian Tsu is Leader of Cleary Gottlieb’s Americas Capital Markets Group.

Read more about Lillian TsuEmail
  • Posted in:
    Banking, Finance and Securities
  • Blog:
    Cleary M&A and Corporate Governance Watch
  • Organization:
    Cleary Gottlieb Steen & Hamilton LLP
  • Article: View Original Source

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