Birdwatch Note Rating
2023-04-29 12:52:09 UTC - HELPFUL
Rated by Participant: 8E623403001239E6388ED0C8BF75A0D8E265A69714AA8655F19192F2686242CB
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