The U.S. Securities and Exchange Commission (SEC) is urging a judge to compel Elon Musk to comply with a subpoena related to his Twitter share purchases in 2022. Musk failed to appear for a scheduled deposition in September, causing delays in the SEC’s investigation into potential violations of federal securities laws. The probe covers all of Musk’s Twitter stock purchases in 2022 and scrutinizes his statements and filings with market regulators. Musk’s objections include accusing the SEC of harassment. The regulator has already conducted two half-day depositions with Musk in July and received thousands of documents that have raised additional questions requiring Musk’s answers.
US Regulator Seeks Court Order to Compel Elon Musk to Answer Questions on Twitter Share Purchases
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