Birdwatch Note Rating
2023-04-27 17:57:17 UTC - HELPFUL
Rated by Participant: 178E883F097938E7AB4307053137C5EE93F75E0BCA40B0D6F2D552C87F3E8ACB
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