3235-AM86 202204 Unified Agenda of Federal Regulatory and Deregulatory Actions 3235 Securities and Exchange Commission SEC Rule 10b5-1 and Insider Trading

The Division is considering recommending that the Commission adopt amendments to address concerns about the use of the affirmative defense provisions of Exchange Act Rule 10b5-1.  The Commission proposed amendments that would add new conditions to the availability of an affirmative defense under an Exchange Act rule that are designed to address concerns about abuse of the rule to opportunistically trade securities on the basis of material nonpublic information in ways that harm investors and undermine the integrity of the securities markets.  

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Final Rule Stage Undetermined No Not Yet Determined Not Yet Determined No NPRM 02/15/2022 87 FR 8686 NPRM Comment Period End 04/01/2022 Final Action 04/00/2023 Undetermined None No No No Noel Harrison Sean Division of Corporation Finance 3235 Securities and Exchange Commission SEC 202 551-3249 harrisons@sec.gov 100 F Street NE, Washington DC 20549