‘Enforcement 40’ for 2020
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Join the Securities Litigation and Enforcement Group on LinkedInSEC commissioner scolds CEOs who sell stock during company buybacks
“That’s not necessarily insider trading or fraud. But it is troubling because when an executive does a buyback they’re suggesting to the market the stock is cheap. I’m asking if the stock is cheap then why is the executive selling into the buyback,” Jackson told CNBC’s “Squawk Box” on Tuesday. He did not name any […]