Virtual CLE Program: Navigating the New Rules for 10b5-1 Plans and Insider Trading-Related Disclosures
1.00 Hr CLE Available
The Forum and Cravath, Swaine & Moore LLP invite you to a Virtual CLE Program on Wednesday, April 5th. In December 2022, the Securities and Exchange Commission (the “SEC”) adopted final rules which add a number of new requirements to Rule 10b5-1 that significantly limit the availability of the affirmative defense provided by that rule to violations of Section 10(b) of the Exchange Act of 1934 and Rule 10b-5 thereunder. The final rules also include new disclosure requirements that will require public companies (1) to describe and file their insider trading policies, (2) to provide additional narrative and tabular disclosure about compensatory incentive awards in certain situations and (3) on a quarterly basis, to disclose information about the use of Rule 10b5-1 plans and other trading arrangements by their officers and directors. This program will offer practical guidance to public companies navigating these new rules.
Gold Underwriter Host:
At the request of our in-house members, the Forum is offering high quality CLE programming hosted by our Gold Underwriters to help members secure their annual CLE requirements.