Elon Musk Challenges SEC Gag Order; SEC’s Mutual Fund Proxy Voting

Elon Musk Challenges SEC Gag Order

After a jury cleared Tesla Inc CEO Elon Musk of defrauding shareholders in 2018 tweets boasting that he had secured funding to take Tesla private, Musk is now trying to get rid of his SEC gag order.

Mark and Vec discuss Musk’s challenge against unconstitutional prior restraints on his ability to talk and tweet about Tesla.

SEC’s Mutual Fund Proxy Voting

The U.S. Securities and Exchange Commission in November adopted a new rule that requires certain investment funds to reveal more about how they vote on shareholder ballots, including on pay packages for top executives.

Mark describes SEC’s proxy vote regulations for mutual funds.