The NASPP Blog

July 27, 2017

Best Practices for Insider Trading Policies

Our popular “Meet the Speaker” series, featuring interviews with speakers at the 25th Annual NASPP Conference, is a great way to get to know our many distinguished speakers and find out a little more about their sessions in advance of the Conference.

For today’s “Meet the Speaker” interview, we feature an interview with Keyoor Mankad of My Equity Comp, who will lead the session “Best Practices for Insider Trading Policies.”  Here is what Keyoor had to say:

NASPP: What are some of the things companies need to think about when it comes to insider trading compliance?

Keyoor:  Insider trading compliance is very critical to every company, from new IPOs to established companies. There have always been questions and debates about who should be designated as insiders, what transactions are subject to insider reporting, and who is responsible for filing these reporting requirements. Brokers are a critical component in this process and there is always confusion around preclearance requirements. Dealing with insiders can be a challenge. How can all of us, from stock plan administrator to legal counsel and brokers, work as a team to successfully report all transactions accurately? My panel has combined experience of over 50 years and consists of an issuer, a broker, a lawyer and a consultant.

NASPP: What is one best practice companies should implement?

Keyoor:  The most important part of this whole process is clearly documenting procedures. Ideally, a clear copy of each and every step involved in the process should be handy to all of the parties involved.

NASPP: What is the worst horror story you can tell on your topic?

Keyoor: We do have a horror story involving a senior level executive, but you will have to attend our session to witness all the details.

NASPP: What is your favorite memory from a past NASPP Conference?

Keyoor:  Watching Huey Lewis and The News at Mandalay Bay Las Vegas.

Don’t miss Keyoor’s session, “Best Practices for Insider Trading Policies,” at the NASPP Conference!

About the NASPP Conference

The 25th Annual NASPP Conference will be held from October 17-20 in Washington, DC. This year’s program features close to 100 sessions on today’s most timely topics in stock and executive compensation; check out the full agenda and register today!