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Starting Oct. 23, a little-noticed Securities and Exchange Commission rule will permit employees to legally trade their company's shares even if they are aware of material inside information. The catch: Trades must be made under a written plan created before the insider knew of the stock-sensitive development. The rule could be a boon for corporate executives and employees of smaller companies.
October 18, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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