Birdwatch Note Rating
2023-04-27 18:15:04 UTC - NOT_HELPFUL
Rated by Participant: 0D2B9A707D789FD734268D9C68740296E0C1753D6B3273549586D30C15C4C21F
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