Birdwatch Note Rating
2023-04-28 08:04:02 UTC - HELPFUL
Rated by Participant: 21D081E1A1B8C9DEF1D733B4C6CC331778B7405CC293700B918278D5E7648C1D
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