Birdwatch Note Rating
2023-04-27 19:08:17 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F31C7E03A2FA02FD80A9E6CFF5473C60191C6DBAD73C695AFDBD2C32E514D0D2
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