Birdwatch Note Rating
2023-04-28 05:28:42 UTC - HELPFUL
Rated by Participant: 08BD4E5221B8C61E6389EB71CB08D06DD38E1333724A181C853F116680EF18F9
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