Birdwatch Note Rating
2023-04-28 02:18:37 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 9B8CBB06B998124286C878217E75C396318D2027608E80EB856F5BDCF937A23C
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