Securities and Exchange Commission SEC adopted final rules adding new conditions applicable to Rule 10b5-1 trading plans, requiring disclosure of insider trading policies and adoption, modification or termination of Rule 10b5-1 trading plans by directors Section 16 officers.
On December 14, 2022, the U.S. Securities and Exchange Commission (“SEC”) adopted final rules (1) adding new conditions applicable to Rule 10b5-1 trading plans, (2) requiring disclosure.