SEC lanuches probe into Elon Musk's purchases of Twitter stock in 2022

<p>The tumultuous relationship between the SEC and Elon Musk continues as they sue him over his 2022 stock purchases of Twitter, according to a <a href="https://www.bloomberg.com/news/articles/2023-10-05/sec-sues-elon-musk-over-refusal-to-testify-in-twitter-probe" target="_blank" rel="nofollow">report</a>. </p><p>I'm not sure what the problem is here, but Bill Ackman paid a $290m settlement doing something similar with Valeant so there's precedent. The SEC also said in the filing that Musk failed to appear for testimony last month.</p><p>Meanwhile, Tesla continues to advertise 'full self driving' and the SEC continues to do nothing.</p>

This article was written by Adam Button at www.forexlive.com.