The Elusive Pursuit of Accountability The recent court ruling on Elon Musk's Twitter settlement has raised questions about the efficacy of regulatory bodies. A $1.
5 million penalty was imposed on Musk's trust, but this seems inadequate given allegations that he saved himself $150 million by skirting stock disclosure rules.
The SEC chose to settle with Musk's trust rather than pursuing disgorgement from the billionaire himself. The agency claimed it "hasn't historically" obtained such penalties in these cases, citing a lack of precedent.