Birdwatch Note Rating
2023-04-28 15:32:45 UTC - NOT_HELPFUL
Rated by Participant: CB1AF12893EAD9BB55D5F92AC1FB84D7F531844EC01B1F065691FE24BFC3283F
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