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A top SEC official just launched an attack on a lucrative practice loved by corporate executives — and his suggestions could deflate the stock market's safety net

Business Insider Donald TrumpDonald Trump
Tuesday, 12 June 2018 ()

A top SEC official just launched an attack on a lucrative practice loved by corporate executives — and his suggestions could deflate the stock market's safety net· *Corporate share repurchases are off to a torrid start to 2018, and are on pace to shatter records for both announced and executed buybacks.*
· *In a speech on Monday, Robert J. Jackson, Jr., a commissioner at the Securities and Exchange Commission (SEC), blasted what he thinks is opportunistic behavior by corporate insiders...
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