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SEC Reaffirms 10b5-1 Plans Provide No Protection if Plans Not Established in Good Faith

On September 21, the Securities and Exchange Commission (SEC) announced charges against Cheetah Mobile, Inc.’s CEO and former president for insider trading, even though the questionable trades occurred under a 10b5-1 trading...more

SEC Enforcement Case Offers Important Lessons about Internal Controls and Stock Buybacks

The U.S. Securities and Exchange Commission (SEC) recently settled an enforcement action in which it found that a public company failed to develop and implement adequate controls around a stock buyback program. The action...more

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