U.S. Representative Ritchie Torres has called on the Securities and Exchange Commission (SEC) to investigate Truth Social's initiative to sell real-time access to Donald Trump's posts. This request follows the launch of a paid Truth API by Trump Media, which offers Wall Street institutions rapid access to Trump's posts.
The move to monetize Trump's social media activity by providing real-time data to financial entities has raised concerns about potential regulatory implications. Torres's request highlights the need for scrutiny over how such data sales might impact market dynamics and investor fairness.
US Representative Torres Urges SEC Probe into Truth Social's API Sale
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
