According to https://morningconsult.com/2016/04/email-privacy-act-faces-s...
Grassley wants to give civil agencies like the FTC and SEC an exemption.
Grassley wants to give civil agencies like the FTC and SEC an exemption.
Nope. The SEC regulates all securities issued by American companies or to American investors. Tesla and SpaceX are both SEC regulated.
PS: Arguably this is the same reason banks are regulated.
That said, perhaps you have a point...