Two Elon Musk tweets have violated SEC settlement agreement, report says | Crypto Craft

  • Two Elon Musk tweets have violated SEC settlement agreement, report says

    From cnn.com

    Two tweets by Elon Musk in the past two years have run afoul of an agreement with the US Securities and Exchange Commission that Tesla lawyers must pre-approve certain posts he makes on the social media site, according to a report by the Wall Street Journal on Tuesday. The Tesla (TSLA) CEO is known for his casual use of Twitter — where his unusual communication style is unlike that of many other top executives. In 2018, he came under fire after tweeting that he was considering taking Tesla private, and the SEC charged him with fraud. Musk agreed to a court-approved deal in order to settle the charges, which ... (full story)

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Goat
Jun 2, 2021 7:51pm
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hands off precedent has been set now by the SEC (and it was a terrible one). Now its pump and dump season - bring your hose. SEC sleeping at the wheel into a fresh wall.
Smartest thing I've read on the matter. 🙇♂️ I've been saying the SEC is 'moving slowly' on a few issues of late.. it didn't dawn on me that they're actually asleep.
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Trader#E92A
Jun 2, 2021 8:58am
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hands off precedent has been set now by the SEC (and it was a terrible one). Now its pump and dump season - bring your hose. SEC sleeping at the wheel into a fresh wall.
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