Birdwatch Note Rating
2023-04-28 15:08:00 UTC - HELPFUL
Rated by Participant: E8EF943B8126C93AC53B7028A8F3441C4F0DC0435081C544BEDBC89A7C674921
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