Wednesday, May 22, 2024

CFTC keeps a wary eye on AI in financial markets

By Lene Powell, J.D.

While artificial intelligence offers dazzling new capabilities for financial market participants, AI also raises concerns about opaque “black box” technology and potential market volatility, fraud, and manipulation.

In a new Vital Briefing, Wolters Kluwer Senior Legal Analyst Lene Powell details CFTC actions to build an AI governance framework as it looks to address risks while avoiding heavy-handed regulation.

Read the full briefing and other securities news from Wolters Kluwer at VitalLaw.com.