Elon Musk's Twitter Investment Raises New Regulatory Red Flag
Howard Berkenblit was quoted in the article, "Elon Musk's Twitter Investment Raises New Regulatory Red Flag" [sub. req.] which was published in The Wall Street Journal on April 4, 2022.
In the article, Howard notes that following Elon Musk's newly disclosed 9.2% ownership stake in Twitter and subsequent tweets hinting at policy changes on the social media platform, SEC regulators could look into those tweets. "He is not trying to influence the board or the strategy of the company. That would be his counterargument. Like any other shareholder, he is just expressing his opinion. Certainly, the SEC could ask him questions about that."