Regulators said the Tesla CEO's defense "borders on the ridiculous" in a filing late Monday.
The subpoenas are related to litigation involving alleged asbestos contamination in Johnson & Johnson's Baby Powder product line.
Musk will still keep his title of CEO.
The Tesla CEO tweeted last month he had secured funding to take the company private.
The biotech company Holmes started was once worth $9 billion.
And some firms seem a little embarrassed.
Chinese who invest in Kushner company real estate deals can get green cards.
The case hinges on the SEC’s whistleblower protection rules required by the 2010 Dodd-Frank Wall Street reform law.
The New York congressman's stock pitch to colleagues "just reeks of insider trading," a watchdog says.
What starts with the letter "G" and ends with "oldman Sachs"?