Birdwatch Note Rating
2023-04-27 17:04:26 UTC - NOT_HELPFUL
Rated by Participant: D6E0E8442874BAC462A93368D486B3693BACB872AA2E7EEF82CC869DB9D70875
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