Bloomberg Law
Feb. 26, 2019, 1:01 PM

Musk Lays Into SEC With More Tweets After U.S. Contempt Claim

Elisabeth Behrmann
Elisabeth Behrmann
Bloomberg News

Elon Musk kept up his attack on the U.S. Securities and Exchange Commission on Twitter, even after landing in more regulatory trouble with potential penalties that at worst could see him being barred from running Tesla Inc.

“Something is broken with SEC oversight,” Musk wrote, in response to a user’s tweet sympathizing with this position. The U.S. regulator on Feb. 25 asking a judge to hold him in contempt for violating a settlement that required him to get Tesla approval for social media posts and other writings that could be material to investors.

Musk was taking issue with the SEC ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.