Birdwatch Note Rating
2023-04-28 01:00:52 UTC - HELPFUL
Rated by Participant: 0D4FEDE1FEAEE4536A4ADD14EB9AEE1B2D946EA4297B9CB7C6E190FDE6B294AF
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