Birdwatch Note Rating
2023-04-27 18:15:04 UTC - NOT_HELPFUL
Rated by Participant: 257CE5BE4CC2B578D9ADA32AB14CE2D0DA09E8487558708413B681772C42461D
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