DOJ and SEC to probe SVB collapse and insider stock sales: Report - The investigations are separate from one another but will both lo... - https://cointelegraph.com/news/doj-and-sec-to-probe-svb-collapse-and-insider-stock-sales-report #departmentofjustice #siliconvalleybank #stocksales #danielbeck #gregbecker #executive #insider #sec #doj

"The probes, which are separate and in preliminary phases, include looking into stock sales that #SVB executives’ conducted ahead of the tech-focused bank’s collapse...

"#DanielBeck, CFO of SVB, sold 2,000 shares of SVB Financial on Feb. 27, the same day that CEO #GregBecker exercised options on 12,451 shares and sold them, regulatory filings showed. The sales were done under prescheduled insider trading arrangements called 10b5-1 plans."

https://www.cnbc.com/2023/03/14/sec-and-justice-department-silicon-valley-bank-investigation.html