SEC defends settlement with Musk over Twitter, saying it reflected ‘compromises’

1 week ago 3

The Securities and Exchange Commission (SEC) on Monday defended its decision to settle with billionaire Elon Musk over the delayed disclosure of his stake in Twitter, now known as X, after the judge raised questions about the settlement. The SEC said in May that it had reached an agreement with Musk to pay a $1.5…

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