News Formal

Massachusetts regulators launch probe into AI in securities industry

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Massachusetts securities regulators have opened an investigation into the ways in which investment firms use artificial intelligence in their interactions with investors, citing concerns about the technology's potential unchecked use.

Others who received letters included Tradier Brokerage, US Tiger Securities, E*Trade, Savvy Advisors and Hearsay Systems, according to a spokesperson for Galvin, a long-serving Democrat and prominent state securities regulator.

The SEC's proposal, which now faces a period of public comment prior to any decision on whether to adopt it, was in part inspired by 2021's "meme stock" frenzy, in which SEC officials say predictive analytics helped drive the "gamification" of retail investors' behavior.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 2. in CO

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Labor, industry gear up for dueling Massachusetts gig worker ballot measuresAn industry-backed group and a labor union on Wednesday proposed letting voters decide whether Uber Technologies and Lyft ride-share drivers in Massachusetts should be treated as independent contractors or allowed to unionize.
Fuente: Reuters - 🏆 2. / 97 Leer más »