Birdwatch Note Rating
2023-04-28 01:23:51 UTC - HELPFUL
Rated by Participant: F7BDBB730267C9E6D4A914AC62BBA13C651A51EC5DCE5AAD6C976E5E8061EA66
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