The "Trump Pays First" service triggered a boycott by trading agencies

On 13 August, informed sources revealed that the Truth API data service, launched by Trump Media, was facing resistance from some trading companies. While some trading institutions have contracted to use the service, some companies, including Hudson River Trading and Castle Securities, have indicated that they are reluctant to pay for the service as they are not required to operate the transaction. The person concerned requested anonymity because of the non-public information involved. The analysts pointed out that the existing rules governing insider trading did not explicitly cover the President ' s authority to publish information that might affect the market, or to sell such information to the market more quickly. According to Karen Woody, Professor at Washington and Lee University School of Law, the regulatory system in the past did not foresee such an approach by the President-in-Office. Paul Atkins, Chairman of the United States Securities and Exchange Commission, said in an interview earlier that the United States Securities and Exchange Commission was following the situation with respect to the Truth API data stream。