Don’t Let Abuses Overshadow Value of 10b5-1 Plans
Daniel B. Eagan and Richard L.N. Weaver A recent Wall Street Journal article implied that some US executives have manipulated 10b5-1 programs to boost gains or reduce losses when trading company stock. Even if these abuses did occur, we think they shouldn’t obscure the value of 10b5-1 programs implemented in good faith.
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