Just when you thought you had read almost everything that could possibly be written on the subject of stock options, Stanford University professor Alan Jagolinzer published a study that suggests that Rule 10b5-1 trading plans could be abused in a number of ways to "facilitate trading based on inside information". The Enforcement Division of the Securities and Exchange Commission has indicated that it expects to focus closely on the use and operation of 10b5-1 plans.
July 31 2007