ONE BIG THINGTrump’s Truth API and less frequent SEC filings could create a “rigged” market
The proposal by Trump Media & Technology Group to sell access to President Trump’s posts on Truth Social milliseconds before they are made public, combined with a separate proposal to do away with quarterly earnings reporting to the SEC, could create a “a two-tiered market” where insiders get rich and ordinary investors will always be a step behind, sources told Fortune’s Mia Osmonbekov.
“When you have a market that looks like that, it looks rigged,” Tyler Gellasch, CEO of Healthy Markets Association and former SEC counsel, said.
MARKETSStocks are mixed as oil heads over $90 per barrel
S&P 500 futures were up 0.2% this morning. The index closed up 1.01% in its last session.
