Birdwatch Note Rating
2023-04-27 16:46:20 UTC - HELPFUL
Rated by Participant: 6A006444B500E53E6267AC29150D6495B667755211868F274129F3B940AA1FF7
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.
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