- Tesla CEO Elon Musk has signed onto an amicus brief that could prevent the Securities and Exchange Commission from issuing gag orders
- He is one of several business leaders supporting Barry Romeril, a former chief financial officer for Xerox, who signed onto an agreement with the SEC in 2003
- As part of the agreement, he is not allowed to deny fraud charges against him
- Romeril had claimed it was a violation of his First Amendment rights
- But a group of business leaders including Musk are now arguing that it goes against the SEC’s mission to provide information to shareholders
- The move comes after a federal judge upheld Musk’s 2018 agreement with the SEC that required a lawyer to censor what he tweets
See also The Supreme Court confirms the authenticity of the draft opinion revealed last night by Politico. The chief justice has ordered an investigation into the leak.
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