Birdwatch Note Rating
2023-04-27 17:41:01 UTC - HELPFUL
Rated by Participant: 07887165600EC0DB9224F423956A2CBD619696CB439ACE43C431332A196A2866
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.
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