Birdwatch Note Rating
2023-04-27 17:41:01 UTC - HELPFUL
Rated by Participant: 25E789745A0B75162C66F3C6BE45A1F3FF4C1DC018F475537B7773A47F34C5A9
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