Birdwatch Note Rating
2023-04-28 16:53:53 UTC - HELPFUL
Rated by Participant: D471904136BD2789CB009C65148BE731F2FCC00AC48940810D75FE698036B034
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.
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