Rule 105b-1

0.01 sec.

Rule 105b-1

A plan in which an investor holding a long position on a security sets forth conditions under which the security will be sold automatically. The selling plan is particularly important if the investor has inside information because Rule 105b-1 of the SEC permits what would otherwise be insider trading as long as the process is set in motion automatically with a selling plan. This construction is controversial, with critics maintaining that selling plans are open to manipulation that allows what amounts to insider trading by stealth.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Selling Plan			Rule 105b-1 allows insiders to adopt written plans for trading securities in a non-discretionary, pre-scheduled manner in order to avoid concerns about initiating stock transactions when the insider may be aware of non-public information. NN, Inc. Chairman and Chief Executive Officer, Roderick R. Baty ... by PR Newswire Bank of Bermuda has announced that Chief Executive Officer Mr Henry Smith has implemented a long- term share trading plan under Rule 105b-1 of the US Securities and Exchange Act of 1934. Bank of Bermuda Announces Rule 105b-1 Trading Programme by PR Newswire			Royal Dutch Mint Royal Mint royalty Royalty Income Trust Royalty Interest Royalty Trust RP RPIX RPPP RRM RRSP RSA RSD RSI Rt RTS RTS Index RU RUB Rubber Band Effect Rubber Check Rubber Stamp Ruido Rule 104 Rule 105 Rule 105b-1 Rule 10a-1 Rule 10b-10 Rule 10b-13 Rule 10b-16 Rule 10b-2 Rule 10b-4 Rule 10b-6 Rule 10b-7 Rule 10b-8 Rule 10b5-1 Rule 11A Rule 13-d Rule 13d Rule 13e Rule 14-d Rule 144 Rule 144A Rule 145 Rule 14a Rule 14e-3b Rule 156 Rule 15c2-1 Rule 15c3-1 Rule 15c3-2 Rule 15c3-3			Rukwa Region Rukwa, Lake RUL RUL RULA rulable rulable rulable rulable rulable Rúlái Ruland Rulang Primary School Rular Rular Rular Rulbus Device Class Library RULC rule rule rule rule rule rule rule Rule (measurement tool) Rule (measurement tool) Rule (measurement tool) Rule 104 Rule 105 Rule 105b-1 Rule 105b1 Rule 10a-1 Rule 10a1 Rule 10b-10 Rule 10b-13 Rule 10b-16 Rule 10b-2 Rule 10b-4 Rule 10b-6 Rule 10b-7 Rule 10b-8 Rule 10b10 Rule 10b13 Rule 10b16 Rule 10b2 Rule 10b4 Rule 10b5-1 Rule 10b51 Rule 10b6 Rule 10b7 Rule 11A Rule 13-d Rule 13-e Rule 13D

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.