Would the SEC be protecting investors if they allow 1 investor to get scammed to the benefit of 2+ investors? We need systems in place where everyone can make

Would the SEC be protecting investors if they allow 1 investor to get scammed to the benefit of 2+ investors? We need systems in place where everyone can make trustworthy investments. If people can't feel safe (even if it's one person or many people), then our economy will slow down (see current crypto prices post-terra, ftx, and more).