fintech / news / / POLITICO
The settlement marks an anticlimactic ending to what had been one of the highest-profile SEC lawsuits of former President Joe Biden’s administration.
Elon Musk has been cleared of all issues regarding late filing in the Twitter acquisition.
KEY POINTS
- A trust vehicle agreed to pay a record $1.5 million fine for a single late filing.
- The SEC, under Chair Paul Atkins, has shifted to less confrontational enforcement since Trump's inauguration.
- SEC has pulled back enforcement, particularly walking away from some cryptocurrency company lawsuits and probes.
COMPANIES
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