short swing trading

This course covers the following topics:

  • what short swing trading is;

  • whether the possession of material, nonpublic information about your company is relevant for these purposes (it isn't);

  • who the concept applies to;

  • how the prohibition is enforced with private litigation under Exchange Act Section 16(b); and

  • how the SEC still has a hand in enforcing proper filing of Form 4s documenting insider trades.