Elon Musk shares letter saying SEC sent him 'settlement demand ...

Dec 13, 2024 · Billionaire Elon Musk appears to have revealed that the Securities and Exchange Commission issued him a "settlement demand," sharing the news in a post on his social media …

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Elon Musk Says SEC Orders Him To Pay Fine Over Twitter Purchase

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Dec 13, 2024 · The SEC sent him a letter wanting to know why he had not disclosed those purchases within 10 days of crossing the 5% threshold of shares owned, as required by …

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FAQs about Elon Musk shares letter saying SEC sent him 'settlement demand ... Coupon?

Why did Elon Musk criticize the SEC?

Tech mogul Elon Musk criticized the Securities and Exchange Commission (SEC) on Thursday over a settlement offer in the agency’s probe into his 2022 purchase of Twitter, the social platform now known as X. ...

Does SEC send Elon Musk a settlement letter?

SEC Sends Elon Musk a Settlement Letter. Here’s His Sarcastic Reply. SEC Sends Elon Musk a Settlement Letter. Here’s His Sarcastic Reply. ...

Why did the SEC not respond to a request for comment?

The SEC and Gensler did not immediately reply to a request for comment. The letter claimed that SEC staff had indicated “this demand was the result of a directive from their superiors and that the charges would be brought imminently unless Mr. Musk acquiesced.” The letter says Musk refuses to agree to the demand. ...

Who is Gary Gensler & Elon Musk?

SEC Chair Gary Gensler (L) and Elon Musk (R). The U.S. Securities and Exchange Commission has issued a “settlement demand” to Elon Musk, the tech billionaire disclosed in a social media post on Thursday. The post included a copy of a letter sent by Musk’s attorney, Quinn Emanuel Partner Alex Spiro, to SEC Chair Gary Gensler. ...

How much GWP did Elon Musk write in 2024?

In 2024 alone, Ki wrote more than $1bn (£789.86m) of gross written premium (GWP) through its platform. Elon Musk has reignited his feud with the Securities and Exchange Commission (SEC) in full view of the public as regulators take another look into his brain-chip venture Neuralink. ...

Will the SEC scrutinize musk's comments about Neuralink implants?

Neuralink did not respond to requests for comment. The nature of that inquiry is not clear, but U.S. lawmakers and animal-rights advocates have pressed the SEC to scrutinize comments Musk has made about the safety of Neuralink's implants. ...