Birdwatch Note Rating
2023-04-27 21:14:17 UTC - HELPFUL
Rated by Participant: BC95FF85E0BF4BC89AEA741718FEEE6A2F0458497E2445664207A3AB00C5782A
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