4 ms·
The piece you are missing is that the $5M figure is not what the SEC "decided," because this was a mutually-agreed settlement, not an SEC-dictated fine. A low
by invalidOrTaken 4y ago
The piece you are missing is that the $5M figure is not what the SEC "decided," because this was a mutually-agreed settlement, not an SEC-dictated fine. A low figure is not a sign that the SEC is asleep at the wheel so much as a signal of their confidence about taking it to trial.