"There are fake, untrue, and probably illegal rumors. I hereby request that the people who have set off these fake rumors be immediately investigated by the appropriate authorities." This statement by Donald Trump demands scrutiny and raises concerns among former SEC officials about potential misuse of power.
"When Trump takes office in January, he will be the first president to be a majority owner of a publicly traded company. This raises serious questions about conflicts of interest that could impact the impartiality of the SEC."
"Cases involving public companies with aggressive lawyers are difficult even if there aren't conflicts of interest. The SEC could face significant pressure if dealing with issues related to Trump Media."
"Former SEC officials are worried that Trump might leverage the agency to target opponents and that the SEC might not be equipped to handle enforcement against Trump Media."
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