Lawmaker Asks SEC to Investigate Truth Social's Data Monetization Plan

Rep. Ritchie Torres (D-N.Y.) has requested the Securities and Exchange Commission investigate whether Trump Media & Technology Group’s plan to sell real-time access to President Donald Trump’s social media posts violates securities laws. The company plans to launch a paid API service on August 1, offering faster data access for institutional investors.

By Sara Fischer Wed, July 22, 2026 at 8:06 PM GMT+3 3 min read · Yahoo Finance · July 22, 2026, 17:06 UTC

Tickers: $DJT

Topics: data monetization market fairness SEC investigation Truth Social

Read the full article at Yahoo Finance

More World news

Canadian Tire Announces Quarterly Dividend of CAD 1.825 Per Share Seeking Alpha · November 12, 2026, 13:58 UTC
Chicago Atlantic BDC Announces $0.34 Per Share Quarterly Dividend Seeking Alpha · November 12, 2026, 13:59 UTC
William Blair Upgrades AMD to Outperform Amid Leadership Crisis at Nvidia CNBC · November 12, 2026, 13:56 UTC
HawkEye 360 Secures $135 Million in New Global Contracts Seeking Alpha · November 12, 2026, 13:55 UTC
Databento Secures $100 Million Series C Funding at $1.1 Billion Valuation PR Newswire · November 12, 2026, 13:57 UTC
Annex Brands Announces Franchise Renewal for Postal Connections in Fort Mohave, Arizona PR Newswire · November 12, 2026, 13:58 UTC
Nvidia CEO Jensen Huang Resigns Following Personal Scandals and Espionage Allegations The Verge · November 12, 2026, 13:53 UTC
AMD and PsiQuantum Partner to Develop Fault-Tolerant Quantum Computing Infrastructure Seeking Alpha · November 12, 2026, 13:44 UTC
Nvidia CEO Jensen Huang Resigns; CFO Colette Kress Appointed Interim CEO Seeking Alpha · November 12, 2026, 13:50 UTC
Aktis Oncology Reports Q3 Revenue Growth and Significant Increase in Cash Reserves Seeking Alpha · November 12, 2026, 13:50 UTC