Birdwatch Note Rating
2023-04-27 21:48:34 UTC - HELPFUL
Rated by Participant: 6893680AF83CA9C78C61D1321629B3AA6FF4C02DE349AFAE59EEBF14A2B903C7
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