Birdwatch Note Rating
2023-04-27 19:34:28 UTC - NOT_HELPFUL
Rated by Participant: F0950F414D85C2BBE2825F3D514C92B849A9C9F32C7E42AE99DF017CFCDFE614
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