Publications Memos Go Back SEC Rule 10b5-1 and Insider Trading Liability 10.17.00 This memorandum summarizes the SEC's recently enacted Rule 10b-5 and sets forth the criteria that must be followed to establish the new affirmative defenses under the rule. Related Insights 06.05.26 | Publications U.S. Designation of Brazilian Criminal Organizations as Foreign Terrorist Organizations: Implications for Businesses Active in Brazil 05.27.26 | Publications SEC Proposes Blue Sky Preemption and Shelf Registration Reform Significantly Impacting Non-Traded BDCs, REITs and Registered Closed-End Funds 05.26.26 | Publications SEC Proposes Significant Reforms to Registered Offering Framework Related Services Related Practice Areas Banking and Credit Corporate Litigation Capital Markets Asset Management M&A Securities Litigation Debt Acquisition Finance Complex Commercial Litigation