📉 Elon Musk is demanding “comprehensive reform” of the US Securities and Exchange Commission (SEC) after it sued him for refusing to testify in connection with his $44 billion purchase of Twitter in October.
- SEC is investigating violations of securities laws
- Musk refused to testify, the SEC filed a lawsuit
- Musk proposes to investigate the SEC and the US Department of Justice
Musk also said that the likelihood of an investigation is 100%.