07/27/2021
https://www.congress.gov...
"There have been a number of studies that show that there--trading does happen during this 4-day period."
"This bill directs the SEC to issue rules to restrict officers and directors from profiting by trading on inside information during the 8-K trading gap."
"We strongly oppose the two bills in front of you, H.R. 4015 and S. 2756, that propose to weaken investor protections."
"This gap provides opportunities for insiders to trade on that information-- evading the clear intent of the law."