Birdwatch Note Rating
2023-04-29 12:52:09 UTC - HELPFUL
Rated by Participant: 66BA4E742799F137F167A6DB27FE674DF9C8DE72461D431195C5DA34983C438F
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