USA: Krispy Kreme amends Securities Trading Policy to accelerate executives' stock sale
North Carolina-based fastfood chain Krispy Kreme Doughnuts has announced a procedure to accelerate the disclosure of the sale of stock by four executives, a component of the plan recently outlined by President Bush in his effort to restore confidence in business. The company also announced its Board of Directors approved an amendment to its Securities Trading Policy to permit its officers, directors and employees subject to Krispy Kreme's Securities Trading Policy to enter into trading plans that comply with the requirements of the Securities and Exchange Commission's (SEC) Rule 10b5-1.
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