Birdwatch Note Rating
2023-04-27 18:10:48 UTC - HELPFUL
Rated by Participant: 46F53ED9E5AC38A190A0A396BA4AA1B3A895D1741D98231FD2E743640929D45A
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