Unpacking New SEC Insider Trading Rules for 2023

Unpacking New SEC Insider Trading Rules for 2023

On December 14, 2022, the Securities and Exchange Commission (SEC) adopted amendments to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended  (the “Exchange Act”). Rule 10b5-1 provides an affirmative defense to insider trading liability for individuals...
What Businesses Need to Know About the Safeguards Rule

What Businesses Need to Know About the Safeguards Rule

When it was first established in 2003, the Federal Trade Commission’s (FTC) Standards for Safeguarding Customer Information — the Safeguards Rule — set out to ensure that covered entities maintained the security of customer information. As part of the larger 1999...