Birdwatch Note Rating
2023-04-27 17:40:28 UTC - HELPFUL
Rated by Participant: 5A5E3FD5B4AEA0F70E3EC42303842D1138840F9B44D3DC2B4E691007675B7047
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