'Are they taking orders from the SEC?' Trump floats new conspiracy after DJT stock halted

Former President Donald Trump threatened Nasdaq and the S.E.C. on Friday afternoon as he floated another baseless conspiracy theory that the two were in cahoots in twice halting trading activity for his Trump Media stock.

Shares of the stock rocketed up Friday in the minutes after majority owner Trump insisted he has no plans to sell his stake, CNBC reported. Trump Media shares rose as high as 25 percent and ended the day up more than 11 percent.

But trading activity for his stock was briefly halted twice due to volatility, a fact that caught Trump's ire.

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"Why is NASDAQ halting the sale of DJT? What right do they have to do this? They have done it twice today. What’s going on?" asked Trump on his Truth Social site. "Are they taking orders from the SEC, which, for political reasons, delayed us for an inordinate amount of time, therefore hurting the stock very badly?"

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Trump's rant continued, as he said he plans to "hold NASDAQ, and maybe the SEC, liable for doing what they are doing."

Trump then threatened Nasdaq: "If they do it again, we will move the stock to the New York Stock Exchange."

He reiterated that he plans to own the stock for a "long period of time."

"In my opinion, it is THE REAL VOICE OF AMERICA, but it is definitely MY VOICE, and it will be for a long time to come!" Trump exclaimed.

The news comes as Trump Media's stock free fell in recent months by as much as 80 percent.