SEC Enhances Investor Protections Against Insider Trading

The SEC has issued a final rule, Insider Trading Arrangements and Related Disclosures. The purpose of the final rule is to “strengthen investor protections concerning insider trading and to help shareholders understand when and how insiders are trading in securities for which they may at times have material nonpublic information.”

The final rule will become effective 60 days after the date of its publication in the Federal Register.For more information, see the press release and fact sheet on the SEC’s Web site.