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Home ยป What is the Impact of AI on Financial Regulations in the United States?

What is the Impact of AI on Financial Regulations in the United States?

By adminMay. 3, 2024No Comments1 Min Read
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What is the Impact of AI on Financial Regulations in the United States?
What is the Impact of AI on Financial Regulations in the United States?
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Kristin Johnson, a member of the Commodity Futures Trading Commission (CFTC), recently put forward three suggestions regarding the oversight of artificial intelligence (AI) technologies in the financial markets of the United States. These proposals were presented during the Technology Advisory Committee (TAC) meeting on May 2nd, where Johnson emphasized the need for the CFTC to thoroughly analyze the risks and impose stricter penalties associated with the use of AI in the financial industry.

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