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SEC Chair Gensler Announces Policy Team


SEC Chair Gensler Announces Policy Team
Gary Gensler’s policy staff under Director
Heather Slavkin Corzo.
Corporation Finance Counsel
Corey Klemmer was an analyst at the AFL-CIO’s Office of Investment. She will focus on ensuring policies allow investors to have the proper information needed to make informed decisions. Klemmer graduated cum laude from Amherst College with a B.A. in Law, Jurisprudence, and Social Thought and earned her J.D. from Tulane University Law School. She is a barred attorney in New York and is a CFA charter holder.
Trading and Markets Counsel
Adam Large oversees major securities market participants, especially broker-dealers and security-based swaps. He has held several other positions at the SEC and also worked at FINRA. Large received his B.A. from University of Iowa and his J.D. from Washington University in St. Louis. ....

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Trial Asks the $2 Billion Question: Does Musk Control Tesla?


Trial Asks the $2 Billion Question: Does Musk Control Tesla?
Does Elon Musk control Tesla Inc. or does Tesla control Elon Musk?
More than $2 billion hinges on that question as a trial kicks off on Monday. Shareholders allege that Musk used his control of Tesla to force the company in 2016 to rescue SolarCity, saving the solar panel maker and Musk’s investment in the company from bankruptcy.
The union pension funds and asset managers leading the case want Musk to repay to Tesla the cost of the $2.6 billion deal and to disgorge the profits on his SolarCity stock. If they win, it would be one of the largest judgments against an individual. ....

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