Birdwatch Note Rating
2023-04-28 10:51:16 UTC - HELPFUL
Rated by Participant: 8F8E9783916AD548253B788508ECA9049CF4BFA1126FCED5143DCFF60C0BBF1F
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