Birdwatch Note Rating
2023-04-28 16:53:53 UTC - HELPFUL
Rated by Participant: D6949CB4E5585C9DEE48B21B53C3704A980892DA883DF93A0EB011E0F41428A0
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