Re:SEC charges Netflix insider trading ring
by yieldgap on Wednesday August 18, 2021 @10:04PM
(#28229532)
The problem is unless they account for it, their trade could trigger during a 'blackout period' (before earnings) when they shouldn't be executing any trades at all.
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Re:SEC charges Netflix insider trading ring
by loeg on Wednesday August 18, 2021 @11:11PM
(#28229928)
Blackout periods have no SEC standing. They're purely a construction by your employer to avoid the appearance of trading on MNPI. Standing order trades (e.g., rule 105b-1) can execute at any time relative to earnings.