Birdwatch Note Rating
2023-04-27 17:40:28 UTC - HELPFUL
Rated by Participant: 47C2A3647E0119F63CFAC27330D17533383FD8F8ADB581C83BB510F05A3E4DE9
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