I don’t think the SEC protects investors.

@backpack put a bank in your pocket and use your money whenever, wherever, however without permission

/backpack
/notdevin
icebreaker.xyz/notdevin

Not sure they even protect against edge cases.

Technically they protect against edge case they believe are more important to stop than the market efficiency they’re eliminating

The SEC protects “accredited” (aka rich) investors from having to compete with the rest of us

They just wiped an FTX worth of value ($50b) off the sheets of investors. We are now protected ser.

like a mob boss demanding respect kinda vibe

Gensler’s next move, probably https://i.imgur.com/IbJkYO3.jpg

Was never the case - take accredited investors, that’s just reg to transfer value from retail to higher value investors