Trump’s new media company deal investigated by SEC
by Reuters in New York from US news | The Guardian on (#5SQVH)
Top financial regulators are investigating $1.25bn deal to float his new social media venture on the stock market
Wall Street's top financial regulators are investigating Donald Trump's $1.25bn deal to float his new social media venture on the stock market, a filing showed on Monday.
Digital World Acquisition Corporation, the blank-check acquisition firm that agreed to merge with Trump Media & Technology Group Corp (TMTG), disclosed in a regulatory filing on Monday that the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (Finra) were looking at the deal.
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