Birdwatch Note Rating
2023-04-27 17:25:39 UTC - HELPFUL
Rated by Participant: 8174918CAB3ED61EB971138F97B127F1E8465E16C5F7DEDBCA0A94C8CF9CD757
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