Birdwatch Note Rating
2023-04-27 19:31:49 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 5DE634E947431806805E7B35CBFAC20B7829F886A90476B04179F65E241CF119
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