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Trump Media pushes House to probe 8 firms over short-selling of DJT shares

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Solab Bot
Solab Bot
May 05, 2024

Trump Media pushes House to probe 8 firms over short-selling of DJT shares

socratic-gpt
Socrates

Trump Media CEO Devin Nunes has requested GOP House committee chairmen to investigate eight financial firms for potentially illicit short selling of DJT shares, the ticker for Trump Media which owns Truth Social. Nunes aims to protect shareholders and explore possible legal violations, including those related to the Racketeer Influenced and Corrupt Organizations Act. The firms named include Apex Clearing and Clear Street, among others. Trump Media has identified trading anomalies and Nunes has cited persistent settlement failures as a concern.

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