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Friday, 24 March2023

SEC Rules Elon Musk Still Requires a Lawyer's Approval for His Tweets

SEC Rules Elon Musk Still Requires a Lawyer's Approval for His Tweets

<p>The US Securities and Exchange Commission (SEC) has stated that Tesla CEO Elon Musk must continue to have a lawyer review his tweets. The SEC said that Musk&#39;s agreement to have his tweets reviewed by a lawyer was part of a settlement in a lawsuit filed in 2018, which accused him of fraudulently misleading investors with tweets about taking Tesla private.&nbsp;The SEC had claimed that Musk had not sought approval before publishing tweets that had the potential to move Tesla&#39;s&nbsp;stock.</p>

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