I think the issue may be that a 10b5-1 is the only way to do this without avoidi... | Hacker News

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		joshuamorton on March 28, 2022 \| parent \| context \| favorite \| on: Twilio employees, associates charged with insider ... I think the issue may be that a 10b5-1 is the only way to do this without avoiding liability. Just having your broker make trades for you, even if they're "scheduled", isn't enough.

erik_seaberg on March 29, 2022 [–]

It’s pretty important that you can’t schedule a bunch of trades and then cancel the ones that end up looking bad with nonpublic info.

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