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(The Nov. 26 story corrects paragraphs 4 and 5 to show the SEC filed charges against Musk and Tesla, and that Musk and Tesla settled those charges without admitting or denying the SEC’s allegations) things remembered cufflinks uk sale. By Katanga Johnson. WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission chairman said on Monday that the agency would not revisit its securities fraud settlement with Tesla Inc despite Chief Executive Elon Musk’s tweet mocking the regulator. Jay Clayton appeared to be unaware of the Oct. 4 tweet describing the SEC as the “Shortseller Enrichment Commission,” when CNBC anchors read it to him on Monday..
“He said that?” Clayton asked, declining to comment further. “As far as I’m concerned, that matter is settled.”. Tesla and Musk agreed in September to pay $20 million each to settle SEC charges over Musk’s tweets on Aug. 7 that said he was considering taking Tesla private and had secured funding for such a deal. Musk and Tesla settled the charges against them without admitting or denying the SEC’s allegations. The settlement requires him to be more restrained on Twitter, prompting speculation that the agency could review the agreement after Musk’s Oct. 4 tweet which came hours after a federal judge ordered him and the SEC to justify their settlement. Shares of the electric carmaker fell as much as 4 percent after that tweet things remembered cufflinks uk sale.
OKAZAKI, Japan (Reuters) – A senior executive at Mitsubishi Motors Corp (7211.T) said on Tuesday its alliance with Nissan Motor (7201.T) and Renault SA (RENA.PA) can survive management upheaval, a day after it fired Carlos Ghosn as chairman over financial misconduct allegations. The future of the 19-year alliance, one of the biggest automotive groups in the world, has been thrown into doubt after the Nov. 19 arrest and subsequent ousting of Ghosn as chairman of both Nissan and Mitsubishi Motors things remembered cufflinks uk sale.
Ghosn, 64, is the architect of the alliance and its chairman. He also remains CEO and chairman of Renault. Senior executives of the alliance are due to meet for their regularly scheduled gathering later this week in Amsterdam that sources said would start on Wednesday. Executives are also expected to discuss Ghosn’s chairmanship of the alliance, one source at Nissan told Reuters, seeking anonymity because the contents of the meeting are not public. Mitsubishi CEO Osamu Masuko said on Monday he would join the meeting via video link, while Nissan CEO Hiroto Saikawa, who remains in Japan, hasn’t decided whether he will travel for the meeting, two company sources said things remembered cufflinks uk sale. Nissan declined to comment..
A major longer-term focus is whether and how the ownership structure of the alliance might evolve, as Ghosn, under pressure from the French government, had pushed for a deeper tie-up, including potentially a full merger between Renault and Nissan, despite strong reservations at Nissan things remembered cufflinks uk sale. Renault holds around 43 percent of Nissan, which in turn owns a controlling 34 percent stake in Mitsubishi Motors. Nissan, the biggest partner in the alliance by sales, has a non-voting 15 percent stake in the French partner..