According to a CNBC analyst, the angle that played out on WWE RAW last night involving Vince McMahon “being relieved of his duties” by be a violation by the U.S. Securities and Exchange Commission (SEC). “The No. 1 material risk against WWE stock is Vince McMahon leaving the business,” Darren Rovell wrote on his Twitter account. “Tonight’s plot could be an SEC violation.”
If you recall, the company was also in hot water with the SEC back in June of 2009 when Vince McMahon “sold” the RAW brand to reality television star Donald Trump. The SEC was up in arms about not being notified about the major selling. WWE had to convince them that it was simply part of a storyline. It is not known at this time if WWE told the SEC about the angle on RAW last night before it played out on television, however.