Birdwatch Note Rating
2023-04-28 00:55:42 UTC - HELPFUL
Rated by Participant: 44C2E2C8788C43CE4224E56EF4C84207821D81BBBEAFB13E738E25AE30514C02
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