Birdwatch Note Rating
2023-04-28 00:55:42 UTC - HELPFUL
Rated by Participant: DAC84D27D67783062FB1996C0D8E838850D7C58A4BA54C7158688DF91BF0DD8B
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