Birdwatch Note Rating
2023-04-28 12:09:33 UTC - HELPFUL
Rated by Participant: CBCB9B9C0B8B64983FCF52A6A2BCFC5C6C02FE5BE5B8D39259A620B8BC0514E8
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