Birdwatch Note Rating
2023-04-27 21:14:17 UTC - HELPFUL
Rated by Participant: 4B28B7C6DD0BCF1D8781A90FB8EB76BF588BEEF3B99FF2AF2D61B0FF2A2BB050
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