Birdwatch Note Rating
2023-04-28 10:51:16 UTC - HELPFUL
Rated by Participant: FC7EF24269362A4AAAEC36C6EEB52B1351DE6A39EF61BC792D1AE98B25E5AB9B
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