Former SEC commissioner weighs in on the SEC allegations against Elon Musk

The U.S. Securities and Exchange Commission is asking the court to hold Tesla CEO Elon Musk in contempt. The S.E.C. says that Musk violated their December agreement by tweeting about Tesla without approval. Musk is firing back, tweeting multiple times about the allegations. Former SEC chairman Harvey Pitt, who is currently the CEO of consulting firm Kalorama Partners, joins "Squawk Box" to give his expert analysis of the sitution.