Either way, I’m glad government agents are going door to door to check on privately owned servers. Maybe they should check everyone’s vaccination status while they’re at it.
"In addition to the Securities Exchange Act of 1934, which created it, the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Sarbanes–Oxley Act of 2002, and other statutes. The SEC was created by Section 4 of the Securities Exchange Act of 1934 (now codified as 15 U.S.C. § 78d and commonly referred to as the Exchange Act or the 1934 Act)." [1]
[1] https://en.wikipedia.org/wiki/U.S._Securities_and_Exchange_C...
In essence, if you want to keep your dirty laundry private, then you're not allowed to take money from the public stock market, as investors (i.e. everyone if you want to be publicly traded) deserve to know about any major issues with your private servers. SEC doesn't care about how poor your security is as long as the company is open about it, but it absolutely cares if company lies about their (lack of) exposure to its owners.