Published 2 years ago

S.E.C., in letter to Elon Musk, says it is scrutinizing his Twitter share purchases.

Summary by Ground News

The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time. When the S.E.C. approached Elon Musk on April 4, he had just become Twitter's largest shareholder. The law requires shareholders who buy more than 5 percent of a company's shares to disclose their ownership within 10 days of reaching that threshold.

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Techmeme

In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor

By Kate Conger / New York Times. View the full context on Techmeme.

2 years ago

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S.E.C., in letter to Elon Musk, says it is scrutinizing his Twitter share purchases

The regulator questioned whether the Tesla chief executive had disclosed his stake at the right time.

2 years ago

Read Full Article

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S.E.C., in letter to Elon Musk, says it is scrutinizing his Twitter share purchases.

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In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor

In an April 4 letter, the SEC told Elon Musk it is probing his March purchases and disclosures of Twitter stock, and whether he was truly a “passive” investor

S.E.C., in letter to Elon Musk, says it is scrutinizing his Twitter share purchases

S.E.C., in letter to Elon Musk, says it is scrutinizing his Twitter share purchases

Coverage Details

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