Birdwatch Note Rating
2023-04-27 18:22:32 UTC - HELPFUL
Rated by Participant: 0CD6C0B81A00CD664F95F8C620C9DF4217CA1D8B5ADC33C5F0C454C4142C11AC
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