Trump's social media company discloses inquiry from FINRA

FILE PHOTO: The Nasdaq Market site is seen on the day that shares of Truth Social and Trump Media & Technology Group start trading under the ticker "DJT", in New York City, U.S., March 26, 2024. REUTERS/Shannon Stapleton/File Photo

(Reuters) -The owner of Donald Trump's social media company Truth Social said on Monday it had cooperated with an inquiry from the Financial Industry Regulatory Authority (FINRA) tied to its blank-check merger.

The inquiry from FINRA, Wall Street's self-regulator, was primarily related to trading prior to the announcement of the deal with Digital World Acquisition Corp, and should not be viewed as an indication of wrongdoing, Trump Media and Technology Group (TMTG) said.