Birdwatch Note Rating
2023-04-27 20:44:47 UTC - NOT_HELPFUL
Rated by Participant: ED10AF9D87EC3C464CE4E82C9BE9AAD2FCC95475D6924F4411832E098790BEF8
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