Birdwatch Note Rating
2023-04-28 05:28:42 UTC - HELPFUL
Rated by Participant: 95966F00E7DABAD72539708F89CCE3553F98BA2FB4D7D8F87EFCCA5FA9F285FF
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