WebMar 7, 2024 · Call it a coincidence or something more malicious, but according to a prominent SEC commissioner, there is a strong correlation between company buybacks subsequent stock sales from executives. Specifically, SEC Commissioner Robert Jackson found that company insiders are far more likely to sell their shares the day of an … WebJun 11, 2024 · An analysis released Monday by SEC Commissioner Robert Jackson Jr. found that the percentage of insiders selling stock more than doubled immediately after buyback announcements. And the...
Do Share Buybacks Deserve More Regulatory Scrutiny?
WebJul 10, 2024 · Last month, an SEC official detailed a disturbing trend: In the days after companies announce buybacks, execs quietly cash out their own shares. Daily stock … WebJun 19, 2024 · Robert Jackson Jr., a commissioner of the Securities and Exchange Commission, is calling out CEOs who authorize stock buybacks and then sell their personal shares during those repurchase... scary topics to write about
New research warrants revisiting SEC stock buyback rules, …
WebMar 6, 2024 · But SEC Commissioner Robert Jackson says companies that let their executives sell shares after buyback announcements perform worse over the long term. Jackson said his findings raise... WebJan 17, 2024 · By Soyoung Ho. SEC Commissioner Robert Jackson, who has been critical about the significant increases in corporate stock buybacks in recent years, is concerned by the commission’s inaction on the matter. Jackson has been especially concerned with the effect of buybacks at a time when companies are enjoying lower tax rates under the … WebMar 6, 2024 · Further statistical analysis shows that executives sell far more stock when they announce a buyback than on an ordinary day, even after controlling for firms' policies on insider trading, Mr.... scary topics to talk about