What is Section 16, and does it apply to me?
Section 16 refers to the 16th section of the Securities and Exchange Act. It requires that certain company insiders—executives, board members, certain key employees, investors owning more than 10%—file paperwork documenting their holdings and trades with the SEC. The goal is to prevent these insiders from profiting off of material non-public information. For instance, if […]
3 regulations every high-ranking executive should know about
High-ranking employees at publicly-traded companies may be required to follow specific rules and regulations that don’t apply to the broader employee pool. These regulations usually apply to C-suite level executives, but can also apply to people in key roles, such as researchers or lawyers working with intellectual property. They also apply to board members and […]
