
Lawmaker urges SEC to probe Truth Social's real-time data licensing plan
Rep. Ritchie Torres urged the SEC to review Truth Social parent TMTG's plan to monetize real-time access to posts via Truth API, which would license publicly available content from the platform's top 10 trending accounts for up to $100,000 per month to institutional traders, citing potential securities-law violations, market manipulation risks, and investor-protection concerns amid potential conflicts of interest given the president's stake; the agency may coordinate with other regulators ahead of an Aug. 1 launch.




