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SEC already punished him by making him step down as chair of Tesla for 3 years, plus a fine. And I doubt that curtailing anyone’s first amendment rights is a p
by SkyMarshal 5y ago
SEC already punished him by making him step down as chair of Tesla for 3 years, plus a fine. And I doubt that curtailing anyone’s first amendment rights is a punishment the SEC is legally allowed to enact.
[1]:https://www.sec.gov/news/press-release/2018-226 https://www.sec.gov/news/press-release/2018-226
- elliekelly 5y agoThe SEC “curtails first amendment rights” all the time. It’s arguably one of their most effective means of enforcement: an order or agreement to stop lying.
- SkyMarshal 5y agoI am not a lawyer, but restricting Musk from being able to speak publicly seems an overly-broad way of restricting him from lying about market-related things, given that the latter is a small subset of his overall speech.
- elliekelly 5y agoI don’t think it’s likely the SEC would prohibit him from using twitter altogether but I don’t think it’s entirely beyond their ability, either. Especially in the context of a settlement agreement.