Birdwatch Note Rating
2023-04-28 14:06:41 UTC - NOT_HELPFUL
Rated by Participant: 04CF5F8796A05E73A6D9C4C349E65BA6427994DF49C7FFA2E1EA5787881659F3
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