Tesla shares fall on reports of SEC subpoena
https://phys.org/news/2018-08-tesla-fall-sec-subpoena.html
The development suggests the oversight by the US Securities and Exchange Commission—which was characterized in previous news articles as an inquiry—has "advanced to a more formal, serious stage," said The Times, which cited a person familiar with the matter.
A subpoena "typically requires the approval of top SEC officials," the newspaper added.
Tesla shares fall on reports of SEC subpoena
Aug 15, 2018, 10:25pm UTC
https://phys.org/news/2018-08-tesla-fall-sec-subpoena.html
> The development suggests the oversight by the US Securities and Exchange Commission—which was characterized in previous news articles as an inquiry—has "advanced to a more formal, serious stage," said The Times, which cited a person familiar with the matter.
> A subpoena "typically requires the approval of top SEC officials," the newspaper added.