Capitol Report: SEC options to rein in Elon Musk include leaning on Tesla and directors, experts say

The Securities and Exchange Commission is between a rock and a hard place, experts say, in deciding what to do about what it told a judge on Tuesday is Elon Musk’s violation of the “clear and unambiguous” terms of a legal settlement the Tesla CEO made in October.

“You can’t stop Tweeting Elon from tweeting, but that might not be such a big problem if he exercised good judgement,” Matt Kelly, editor of the Radical Compliance newsletter and a long-time observer of corporate governance and compliance issues, told MarketWatch. “Instead, he repeatedly displays a deliberate, open and defiant attitude towards the role of the SEC in protecting investors from his recklessness.

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