Birdwatch Note Rating
2023-04-27 20:44:47 UTC - NOT_HELPFUL
Rated by Participant: 91D427D7A0942D9660CEB81863244BB06C4D94A470D37BFB8C9BD926E7EEB30C
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