Birdwatch Note Rating
2023-04-27 17:01:51 UTC - HELPFUL
Rated by Participant: E07C53D2E7DCA998D9FF08DAD36E6EF840B10A97B987D6A21573C39E5287487D
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