Birdwatch Note Rating
2023-04-28 15:43:48 UTC - HELPFUL
Rated by Participant: 015058E9BD62D6815805B87D4DC59D307D6942DE3AFF92A4C8618E74F876788F
Participant Details
Original Note:
He says that for 90 years, SEC has successfully protected investors, but that isn't true. There are multiple cases of investors being harmed by companies that were registered and monitored by the SEC. Like the FTX case: https://www.washingtonpost.com/technology/2022/12/14/sec-gensler-crypto-ftx/ And gold trades manipulation: https://www.bloomberg.com/news/articles/2023-03-21/jpmorgan-gold-traders-should-get-prison-for-spoofing-us-says And many more.
All Note Details