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SEC defends Musk Twitter settlement, saying it reflected 'compromises'

Politics The Hill By Julia Shapero 02 Jun 2026 14:12 1 min read
SEC defends Musk Twitter settlement, saying it reflected 'compromises'

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...

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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