SEC is struggling to rein in Elon Musk’s tweets, letters reveal

SEC is struggling to rein in Elon Musk’s tweets, letters reveal

3 years ago
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https://arstechnica.com/tech-policy/2021/06/sec-is-struggling-to-rein-in-elon-musks-tweets-letters-reveal/

The Securities and Exchange Commission is having a hard time reining in Elon Musk’s social media use, according to a new report from The Wall Street Journal.

The regulator sent Tesla three sternly worded letters between August 2019 and June 2020, asking Tesla’s attorney’s to enforce a 2018 settlement which demanded greater oversight of Musk’s social media posts. “Tesla has abdicated the duties required of it by the court’s order,” said the SEC in a letter from May of last year.