Strategic Insider Selling – SEC gives giant loophole to corporate insiders
First off- this is not news. This loophole has been in existence since 2000 but it’s sinister characteristics have not been adequately publicized. I am including in this post the entire paper I found from the Yale Law Library written by Todd Henderson of the University of Chicago Law School, Alan D. Jagolinzer from Stanford University Graduate School of Business, and Karl A. Muller, III of The Pennsylvania State University Smeal College of Business. It’s the most comprehensive analysis of this problem I have found to date although the authors are predictably looking at it from the perspective of protecting their corporate clients not John … Read more