Tag: ABA’s Joint Committee on Employee Benefits

Corp Fin staff advice on “eligible sell-to-cover” transactions under Rule 10b5-1

Many thanks to thecorporatecounsel.net blog for posting this memorandum to the ABA’s Joint Committee on Employee Benefits from three members of that committee regarding their informal discussions with SEC staff about a couple of questions that have arisen about the scope of the exception for “sell-to-cover” transactions under Rule 10b5-1.