Insider trading disclosure: time limit for voluntary filings clarified and disclosure requirements expanded under amended regulations. The Regulations define timely voluntary disclosures as those submitted within three years from the date of the first alleged trade to the Board's receipt of the completed Voluntary Information Disclosure Form, and amend Schedule D to substitute 'insider trading laws' for 'securities laws', expand the information required about alleged violations (including details of securities, unpublished price sensitive information and its public disclosure date, circumstances of possession, and particulars of insiders and their trades), and require self certified copies of relevant documents.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Insider trading disclosure: time limit for voluntary filings clarified and disclosure requirements expanded under amended regulations.
The Regulations define timely voluntary disclosures as those submitted within three years from the date of the first alleged trade to the Board's receipt of the completed Voluntary Information Disclosure Form, and amend Schedule D to substitute "insider trading laws" for "securities laws", expand the information required about alleged violations (including details of securities, unpublished price sensitive information and its public disclosure date, circumstances of possession, and particulars of insiders and their trades), and require self certified copies of relevant documents.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
