Birdwatch Note Rating
2023-04-27 20:39:07 UTC - HELPFUL
Rated by Participant: 735388A1B53FDC212581CA874CF046CEDCDDC9BC820FF328D44EFA0C5460370A
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