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> The SEC embodies the modern drift of the administrative state at its worst; its many regulations are not laws passed by Congress, which is the only branch emp
by buttcoinslol 8y ago
> The SEC embodies the modern drift of the administrative state at its worst; its many regulations are not laws passed by Congress, which is the only branch empowered to write legislation.
The SEC is empowered by Congress to enact regulation, see the Administrative Procedure Act.
Anyways, as a director of a publicly traded company, Elon Musk is well aware of information disclosure rules.
Your argument is couched in libertarian fantasy, not reality.