Birdwatch Note Rating
2023-04-27 18:22:32 UTC - HELPFUL
Rated by Participant: 80C0D72C02ABF7E1E509CE0EDF5F1780B85D72C24FEE40A4C5B5EC03512FEE6B
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