‘Enforcement 40’ for 2020
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By Securities Docket on October 5, 2018, 7:49 am
“He’s incorrigible,” said John C. Coffee Jr., a professor at Columbia Law School who specializes in corporate law and securities fraud. “Everyone else knows that you let sleeping dogs lie, particularly in the case of the S.E.C.” via Elon Musk Calls S.E.C. ‘the Shortseller Enrichment Commission’ on Twitter – The New York Times.
By Securities Docket on October 5, 2018, 7:47 am
Mr. Cuban called at the behest of Chris Clark, one of Mr. Musk’s lawyers who represented Mr. Cuban in his dispute with the SEC. He advised Mr. Musk on the phone that a settlement wouldn’t be as damaging as a court fight with the agency. “I explained where the SEC used questionable practices in my […]
By Securities Docket on October 5, 2018, 7:46 am
In a tweet referring to the SEC as “Shortseller Enrichment Commission,” Musk wrote sarcastically that the regulator was “doing incredible work.” An agreement he reached with the agency Saturday — which isn’t final — would bar him from serving as chairman for three years as punishment for problematic posts he sent about taking Tesla private. […]