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Browse: Home / 2022 / June / 04 / Can the SEC stand up to billionaires like Elon Musk? — NPR

Can the SEC stand up to billionaires like Elon Musk? — NPR

By Securities Docket on June 4, 2022, 10:08 am

And when it comes to resources, a wide gap exists between the SEC and the executives and organizations it regulates. To put this into perspective, Musk’s net worth is more than 100 times the SEC’s annual budget.

“The SEC is sort of driving their Model T, when everybody else is out there in their sports cars,” Chung says.

Source: Can the SEC stand up to billionaires like Elon Musk? — NPR

Posted in SEC, Top | Tagged Musk

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