Birdwatch Note Rating
2023-04-28 00:16:41 UTC - HELPFUL
Rated by Participant: CC5AD57DE54E99F5655D855BB53EC33E4AA54ED99CD0FA19B0ECAA57445E486B
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