In this episode, CII general counsel Jeff Mahoney interviews Daniel Taylor, Associate Professor of Accounting at the Wharton School, University of Pennsylvania. Professor Taylor discusses Rule 10b5-1 trading plans: What are they; how they may be abused by corporate executives; and what reforms should investors be advocating for.
Professor Taylor is a co-author of a recent paper: Gaming the System: Three 'Red Flags' of Potential 10b5-1 Abuse.