SEC Rule 10b5

SEC rule 10b5 "prohibits any act or omission resulting in fraud or deceit in connection with the purchase or sale of any security." This rule includes insider trading. The need for well documented compliance of SEC rule 10b5 may be necessary in court to support any questions that arise. To assist you in this endeavor, Compliance11 software provides you with an intuitive program designed to help you manage documentation and assist you in your compliance practices regarding SEC rule 10b5 and 10b5-1 trading plans.

Advisory Solutions for SEC Rule 10b5 and 10b5-1 Trading Plans

Compliance11 provides innovative, high quality technology-driven solutions to all industries that must apply SEC Rule 10b5 and 10b5-1 trading plans to their business activities. We are your single-source provider for complete advisory solutions with financial software that's easy to use. Don't let SEC Rule 10b5 bog you and your valuable employees down. Create an affirmative defense against insider trading allegations with Compliance11 software.

Choose the simple and effective way to protect your company and employees from financial risks with Compliance11. Spend more time focusing on building your business and less time worrying about regulatory compliance.

Rule10b5-1 – SEC Executive Summary

"Rule 10b5-1 addresses the issue of when insider trading liability arises in connection with a trader's "use" or "knowing possession" of material nonpublic information. This rule provides that a person trades "on the basis of" material nonpublic information when the person purchases or sells securities while aware of the information. However, the rule also sets forth several affirmative defenses, which we have modified in response to comments, to permit persons to trade in certain circumstances where it is clear that the information was not a factor in the decision to trade." http://www.sec.gov/rules/final/33-7881.htm

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