Biotech Values

[gofishmarko]

>>> The SEC's goal in creating automatic trading plans was to allow executives to sell shares without triggering insider trading charges. <<<

So , they created trading plans which :

"allow executives to end plans before they've been fully executed, set up multiple short-term plans, and begin selling immediately after adopting a plan."


I'd say the SEC met its goal.

The net effect is that insider trading is perfectly legal , as long as you give it a different name. Sort of like the way bribery is legal if it's called " campaign finance " or " lobbying ".

Jeez , the price we're willing to pay for a free market...