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Elon Musk signs onto lawsuit against SEC claiming its gag rule deprives investors of information

Just days after taking over control of Twitter, Elon Musk has now set his sights on going after federal regulators the SEC.

The Tesla founder has quietly signed onto an amicus brief filed last week that could prevent the Securities and Exchange Commission from issuing gag orders which prevent people who settle with the SEC without admitting fault from discussing their cases.

He signed a supporting petition filed by Barry Romeril, a former chief financial officer for Xerox, asking the Supreme Court to negate a 2003 deal in which he agreed to always stay silent about the fraud case against him, the New York Times reports.

Romeril had been one of six executives at Xerox who settled allegations of inflating the company’s earnings by $1.4 million in the late 1990s.

As part of his deal with the…

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