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10b5-1 Plan Abuse: Practical Steps to Detect and Prevent

Reminiscent of the 1980s, the heydey of Wall Street protagonist Gordon Gekko, along with real-life Wall Street insiders (and eventual felons) Ivan Boesky and Michael Milkin, who mesmerized the securities industry, today's equity markets are soaring and public companies are reaping extraordinary benefits. Consistent with its response to the 1980s merger and acquisition frenzy made infamous by Gekko's credo that "greed id good," the SEC again has made insider trading its top priority, partly in response to recent skepticism in Congress about the agency's effectiveness in policing the markets for insider trading.
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