Promoting Transparent Standards for Corporate Insiders Act This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans. (Such plans allow certain employees of publicly traded corporations to sell their shares without violating insider trading prohibitions.) The SEC must revise regulations consistent with the results of the study.
Administrative law and regulatory proceduresCongressional oversightEmployee benefits and pensionsFinancial services and investmentsGovernment studies and investigationsSecuritiesSecurities and Exchange Commission (SEC)
Promoting Transparent Standards for Corporate Insiders Act
USA115th CongressHR-6320| House
| Updated: 8/3/2018
Promoting Transparent Standards for Corporate Insiders Act This bill directs the Securities and Exchange Commission (SEC) to study and report on possible revisions to regulations regarding Rule 10b5-1 trading plans. (Such plans allow certain employees of publicly traded corporations to sell their shares without violating insider trading prohibitions.) The SEC must revise regulations consistent with the results of the study.
Administrative law and regulatory proceduresCongressional oversightEmployee benefits and pensionsFinancial services and investmentsGovernment studies and investigationsSecuritiesSecurities and Exchange Commission (SEC)