Birdwatch Note Rating
2023-04-27 17:01:51 UTC - HELPFUL
Rated by Participant: 4633F02F68B29E4EA1C0D907D8D07392D95AC42121A16A9ECFC92BF24EA4F4A1
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