Top financial regulators are investigating $1.25bn deal to float his new
Social Media venture on the stock market
![Trump’s new media company deal investigated by SEC](https://i.guim.co.uk/img/media/abf2aa2e7ea051bfec97368cbdd86953d14c3ba9/0_121_2647_1589/master/2647.jpg?width=1200&height=630&quality=85&auto=format&fit=crop&overlay-align=bottom%2Cleft&overlay-width=100p&overlay-base64=L2ltZy9zdGF0aWMvb3ZlcmxheXMvdGctZGVmYXVsdC5wbmc&enable=upscale&s=0dd230e9623af244f084a1bcee0465ad)
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.