Massachusetts regulators launch probe into AI in securities industry

📆 03/08/2023 22:15:00
📰 Reuters

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

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

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.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

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.
La source: Reuters - 🏆 2. / 97 Lire la suite »