Birdwatch Note Rating
2023-04-27 23:45:19 UTC - HELPFUL
Rated by Participant: 86D39B6A61C54D53BCCBF7B26AD7ECF895D68E2290D4E8CF4D2EA8879BDA935C
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