Tuesday January 30 2024
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: US
On 25th January 2024, the Commodity Futures Trading Commission (CFTC) issued a request for comment (RFC) on the current and potential uses and risks of artificial intelligence (AI) in the derivatives markets the CFTC regulates.
This request seeks comment on the definition of AI and its applications, including its use in trading, risk management, compliance, cybersecurity, recordkeeping, data processing and analytics, and customer interactions. The request also seeks comment on the risks of AI, including risks related to market manipulation and fraud, governance, confidentiality and customer protection.
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