Birdwatch Note Rating
2023-04-28 12:09:33 UTC - HELPFUL
Rated by Participant: 1F806E6CDEF8C6352D0E823361F2F907BDA68AFCE4F278E6E1538BD559D6CA0B
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