Live from New York, it wasn’t Martha Stewart. The domestic doyenne said her parole officer wouldn’t let her host “ Saturday Night Live ” after she got out of federal prison in Alderson, West Virginia, in 2005 after serving five months for lying about a stock trade.

Martha Stewart explained why she has never hosted "Saturday Night Live" on "The Tonight Show starring Jimmy Fallon."

Martha Stewart has regrets. No, not necessarily about that whole insider-trading thing: In 2005, she had to turn down hosting “ Saturday Night Live .”