Birdwatch Note Rating
2023-04-27 19:08:17 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 789DE0E40609C2D4386E3159323DBF1BCA1BB875796DF456ADC94663F0600488
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