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Executives are in the firing line over prearranged trading plans
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fnlondon.comThe Justice Department and the Securities and Exchange Commission are hunting for a new type of insider trading case, one that once seemed too daunting for regulators and prosecutors to touch.
What distinguishes the new targets is the use of prearranged trading plans, which chief executives and other officers of public companies have historically used to insulate themselves from accusations of insider trading. Executives set up the plans, often with the advice or approval of a company lawyer, and put their often lucrative...
Read more on fnlondon.comAbout this in other media
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