The existing rules provide a director with up to 45 days before disclosure is made to the public.
The move comes after it was revealed recently that Enron chief, Kenneth Lay, sold $70m of Enron shares in 2001.
Under the new proposals, directors will only have 2 days in which to file.
SEC Wants Tighter Controls On Insiders
The US Securities and Exchange Commission is seeking tighter regulations that will force corporate officials and directors to disclose almost immediately when they buy or sell their company stock or borrow money from the business.
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