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Benjamin Schiffrin is the director of securities policy for Better Markets.

The same day as Lutnick’s appearance on Fox, a Cantor Fitzgerald securities analyst upgraded Tesla shares to “overweight.”

Last Friday, the White House terminated Adam Schleifer, an assistant U.S. attorney on the corporate and securities fraud strike force who had been leading an investigation into a pro-Trump business executive.

That incudes securities, such as the transfer of money or property if one spouse dies.

AlHusseini was initially arrested in October on suspicion of securities fraud, according to the criminal complaint.