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The latest legal tangle could be unraveled when President-elect Donald Trump takes office. SEC chair Gary Gensler, a Biden appointee, is stepping down Monday. Trump has tapped Paul Atkins, a former SEC commissioner under President George W. Bush, to lead the agency.
“As the SEC retreats and leaves office — the SEC’s multi-year campaign of harassment against Mr. Musk culminated in the filing of a single-count ticky tack complaint against Mr. Musk under Section 13(d) for an alleged administrative failure to file a single form — an offense that, even if proven, carries a nominal penalty,” Spiro added.
