Birdwatch Note Rating
2023-04-27 16:47:21 UTC - HELPFUL
Rated by Participant: A4EE8C883512A723C57435D34FB28AD9176698E0227BE4CDAB6729AF7CA80FA4
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