Birdwatch Note Rating
2023-04-27 17:38:47 UTC - HELPFUL
Rated by Participant: 935A99C4A4F4CEE9CFD279FE68DBE9C166DC8DB941C24EB1CEB81F3BD5C980A5
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