Birdwatch Note Rating
2023-05-02 14:29:46 UTC - HELPFUL
Rated by Participant: 1A5B0A9DC20AC1BCB1E5D55DFDB8AC6535F3465A62BF3567A9E92156EFB2090E
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