The Securities and Exchange Commission (SEC) is investigating Elon Musk over his disclosure of buying up Twitter shares ahead of his announcement that he wanted …
The Securities and Exchange Commission (SEC) is investigating Elon Musk over his disclosure of buying up Twitter shares ahead of his announcement that he wanted to buy the company, The Wall Street Journal reports. Sources familiar with the matter told The Journal the SEC is probing Musk over his late submission of a form investors need to file when they purchase more than 5% of a company’s shares. Musk filed the form at least ten days after the date when he was supposed to, The Journal reports.
