Elon Musk says the SEC is sometimes too close to Wall Street hedge funds - and it's strange the regulator isn't clamping down more on some SPACs

Home > Business
By Flemming in Business
Updated 3 years ago

Tesla chief Elon Musk said the SEC is sometimes "too close" to Wall Street hedge funds. He added that it's strange the regulator isn't cracking down more on the SPAC frenzy. The SEC is said to be exploring issuance of new guidance for blank-check companies. Sign up here for our...

elon-musk-says-the-sec-is-sometimes-too-close-to-wall-street-hedge-funds-and-it-s-strange-the-regulator-isn-t-clamping-down-more-on-some-spacs