Description
Learn the fundamentals and mechanics of Rule 10b5-1 trading plans, new SEC rules, evolving best practices, and most effective designs for executives, employees, and anyone else who wants to regularly sell stock to meet financial goals but knows material nonpublic information about the company. Discover how to use these plans to maximize your clients' wealth in company shares, stock options, and restricted stock/RSUs while protecting them from insider-trading charges.
Learning Objectives
● What a 10b5-1 trading plan is and why/when your clients need one
● SEC's new rules for 10b5-1 plans, their impact, and what to do now to protect clients
● Evolving practices for designing and structuring a plan to meet client goals
● Process and mechanics for creating and implementing a plan
● How to explain 10b5-1 plans to clients
● Hot spots that could trigger SEC scrutiny
● SEC and company insider-trading rules advisors must know
● Rule 144
● Liquidity timeline under SEC rules for when clients can sell their stock
● Section 16 reporting (and insider reporting on Forms 3, 4, and 5)
● How to use information in these SEC filings to better prospect for high-net-worth executive clients
● How to prevent executives and directors from losing their trading profits by violating short-swing-profit rules
● Case studies