Birdwatch Note Rating
2023-04-27 17:11:30 UTC - HELPFUL
Rated by Participant: 9A7A16E9373DE3DDBD1A3172A9C2EA57171E8D6BC1DA522516B130CCA407BD70
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