You're right, they should've said that his hobby is just pretending things in general. He enjoys very much being Nelson [https://www.youtube.com/watch?v=rX7wtNOkuHo].

The "SEC interference", as you called it, came long after he had his Nelson moment in that case. (A more accurate name for it might be "SEC slap-on-the-wrist", because it was both completely ineffective and entirely deserved.)