SEC Proposes Amendments to Rule 10b-18 - Issuer Repurchases of Equity Securities
Date: 01/28/10
On January 25, 2010, the Securities and Exchange Commission ("SEC") proposed amendments to Rule 10b-18, providing issuers with a "safe harbor" from liability for manipulation when they repurchase their common stock in accordance with the Rule's manner, timing, price, and volume conditions. The amendments are intended to update and clarify the safe harbor provisions in light of current industry practices.
This memorandum is for general information purposes only and is not intended to advertise our services, solicit clients or represent our legal advice.
Download: SEC Proposes Amendments to Rule 10b-18 - Issuer Repurchases of Equity Securities (PDF, 117.48 K)
Related Attorneys:
Charles A. Gilman,
Jonathan I. Mark,
John J. Schuster,
Julie C. Ledermann
Related Practice:
Corporate Governance & Investigations
|
