The seminar will take place on Friday, December 19 at Bogaziçi University, Washburn Hall (Management Building).
Please follow the link for his CV and related paper:
https://www.dropbox.com/s/4dfj2qv03bif1j1/2014.12.19-Seyhun.CV.pdf?dl=0
https://www.dropbox.com/s/frwint00xj8j9xk/2014.12.19-Seyhun.Paper.pdf?dl=0
Abstract of the Talk:
We examine the profitability of insider trading within the SEC Rule 10b5-1 plans. The plans do work to prevent some informed trading. However, on average, insider trading within the safe harbor plans appears to be motivated by material non-public information. We propose some policy changes to tighten the rule and enable separation of informed and uninformed insider trading.