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Ahh, my mistake. I was unaware that the SEC does not have pull over privately held companies, or at least their employees. Still, the wave of litigation headed
by Rooster61 8y ago
Ahh, my mistake. I was unaware that the SEC does not have pull over privately held companies, or at least their employees. Still, the wave of litigation headed Musk's way can't help matters. He's going to be very busy.
- JumpCrisscross 8y ago> the SEC does not have pull over privately held companies I'm not sure this is accurate. The SEC could try to bar someone from serving as CEO or a director of any corporation. It's just never attempted that. The SEC regulates everyone who touches securities, and private companies issue securities. This ban, however, specifically restricts itself to public companies. The issue is therefore moot.