Trump Media pushes House to probe 8 firms over short-selling of DJT shares

• Trump Media CEO Devin Nunes urged leading GOP House committee chairmen to investigate eight financial firms over concerns of potential illicit short selling of the company's shares.
• Trump Media trades under the DJT ticker and owns the Truth Social app.
• The company's majority shareholder by far is former President Donald Trump, the presumptive Republican presidential nominee.
• Nunes named the following firms: Apex Clearing, Clear Street, Cobra Trading, Cowen and Company, Curvature Securities, StoneX Securities, TradePro and Velocity Clearing.

The CEO of Trump Media urged leading House committee chairmen to investigate eight financial firms over concerns of potentially illicit short selling of DJT, whose majority shareholder is former President Donald Trump.

"I believe quick action is necessary to protect retail shareholders, identify wrongdoers, and determine whether any laws including [Racketeer Influenced and Corrupt Organizations Act] statutes and tax evasion laws have been violated," wrote CEO Devin Nunes, who on April 24 first asked top House Republicans to probe short selling of Trump Media stock.

Nunes, in a letter dated Wednesday, wrote that the committees should seek documents and testimony from the eight firms that he named: Apex Clearing, Clear Street, Cobra Trading, Cowen and Company, Curvature Securities, StoneX Securities, TradePro and Velocity Clearing.

A spokesperson for Clear Street declined to comment on Nunes' letter. CNBC has requested comment from the other companies named in the letter.

Nunes' new letter escalates his efforts to thwart short selling of the Truth Social app owner's shares by encouraging shareholders to block their stock from being used for such trades, and by asking the Nasdaq Stock