Sen. Chris Van Hollen points to an SEC study that share repurchases are benefiting corporate insiders at the expense of long-term investors.
Corporate insiders could be barred from selling stock within a certain time period after share buybacks are announced, if one Democratic senator has his way.
"It could be a long period of time like several years, or maybe analysis would show another period of time that might be appropriate," Van Hollen said during a media call. The senator's comments come as share repurchases, announcements of which totaled more than $1 trillion in 2018, have come under bipartisan fire.
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