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by JauntTrooper
2654 days ago
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I don't think the SEC wants to go after Musk at all. It's unpopular and it's not good for the market to go after someone with such a great track record of capital formation. He keeps forcing their hand and putting them in a position where they have to either take enforcement action or give him special treatment they don't give any other public company executives. This is the law. A CEO cannot say he's secured funding for a buyout if it's not true. A CEO cannot sign an agreement with the SEC then publicly violate it without repercussions. Potentially market moving tweets get filed all the time. It's not different because it's a Twitter. Here is Dell Technologies filing a few of their deal-related tweets: https://www.sec.gov/Archives/edgar/data/1571996/000119312518... Carl Icahn literally files single tweets with the SEC. Here are two of his tweets you can find under Apple's SEC filings: https://www.sec.gov/Archives/edgar/data/320193/0000928464140... https://www.sec.gov/Archives/edgar/data/320193/0000928464140... |
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