Whistleblower News: SEC Awards More Than $23M To Two Whistleblowers, SEC Notices Musk Tweets, SEC To Review Proxy Rules, ViacomCBS Tax Shelters

SEC Awards More Than $23 Million to Whistleblowers

SEC

The Securities and Exchange Commission today announced awards of approximately $13 million and $10 million to two whistleblowers whose information and assistance led to successful SEC and related actions. read more »

Yes, the SEC has noticed Elon Musk’s Tesla stock price tweet

THE VERGE

The Securities and Exchange Commission believes Elon Musk has violated his 2018 settlement agreement twice, according to correspondence obtained by The Wall Street Journal between the SEC and Tesla. The agreement requires a lawyer to approve his tweets about the company. read more »

U.S. SEC chief to review Trump-era proxy rules, may draft replacement

REUTERS

The U.S. Securities and Exchange Commission (SEC) chair said on Tuesday the agency will review shareholder voting rule changes adopted under the administration of former President Donald Trump that have faced criticism for weakening investor power. read more »

ViacomCBS Tax Shelters Cost U.S. Taxpayers $4 Billion, Study Says

YAHOO

Dismissed by critics and devoured by fans, “Transformers: Age of Extinction” was the top box office film in 2014, bringing in $1.1 billion, with more than three-quarters of those dollars coming from overseas. read more »