US financial regulators investigate Trump social media deal

The SEC stated in its request that its investigation does not mean the regulator has concluded that anyone violated the law, Digital World added.

A Reuters review of trading data showed unusual activity on Oct. 20 ahead of the merger's announcement later that day. Over 1 million warrants, worth a total of around $500,000, were traded, compared with only 119,000 warrants on Oct. 19, according to Refinitiv data. Some on Wall Street have been reluctant to associate with Trump, and the Digital World filings did not disclose which investors backed the $1 billion fundraising.

With the exception of Trump being named TMTG chairman, the company had not identified any of its top executives until Monday, when it announced that Devin Nunes would step down as a US representative to join as its CEO in January.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Will a biennial World Cup be good for Africa?Will a biennial World Cup be good for Africa? - Some say it will bring more funds and other development opportunities to football on the continent, but others remain sceptical and deeply suspicious of Fifa’s true motives.
Source: mailandguardian - 🏆 2. / 92 Read more »

Bafana vs Ghana: Tension continues to simmer over Fifa's World Cup decisionSA Football Association (Safa) CEO Tebogo Motlanthe has revealed that he personally called Ghana FA general secretary Prosper Harrison Addo to seek clarity after disparaging quotes attributed to the West African official emerged at the weekend.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Bafana vs Ghana: Tension continues to simmer over Fifa's World Cup decisionSA Football Association (Safa) CEO Tebogo Motlanthe has revealed that he personally called Ghana FA general secretary Prosper Harrison Addo to seek clarity after disparaging quotes attributed to the West African official emerged at the weekend. If I were SAFA_net I'd withdraw the appeal. It's pointless to fight something that we all witnessed as a corruption while you don't have a backup. Let's just accept defeat and move on. Aykhale once.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Bafana vs Ghana: Tension continues to simmer over Fifa's World Cup decisionSA Football Association (Safa) CEO Tebogo Motlanthe has revealed that he personally called Ghana FA general secretary Prosper Harrison Addo to seek clarity after disparaging quotes attributed to the West African official emerged at the weekend. Yup! FIFA has no ideas on how to handle SAFA nd Benin matter, am watching what FIFA would say if these two countries appeal the ruling, am suprised what FiFA ruling based on, cus no apparent reason why SAFA protest is inadmissible, FiFA tell the world why protest is inadmissible
Source: TimesLIVE - 🏆 28. / 59 Read more »

WEBINAR | Mapping Africa-China relations in a post-Covid worldSPONSORED | Join our next Business Day Dialogue with the Chinese embassy in SA on December 8 at 10am for a discussion on Africa-China relations post-Covid, moderated by TimesLIVE political analyst Eusebius McKaiser. Register at the link below.
Source: BDliveSA - 🏆 12. / 63 Read more »

The world is in the same Covid boat - so why is Africa the scapegoat?Declaring a premature victory against Covid based on high vaccination rates in a few privileged countries was pure idiocy, but great populist politics. You are talking about black people. Whom are only good to be slaves and experiments. God has something better for Africa pity the developed countries won't have their share this time around.
Source: TheCitizen_News - 🏆 6. / 75 Read more »