Birdwatch Note Rating
2023-04-27 18:39:52 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 43C6557EC9BC2D1520BAA623E96C063A0EC3862A93B30632FC241364CEA75A81
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