Commodity Futures Trading Commission

From left, Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen and SEC Chairman Gary Gensler participate in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)

Financial regulators have ‘insufficiently’ addressed hedge funds’ use of AI, report says

SEC and CFTC oversight of how investment vehicles use AI to inform trading decisions is lacking and poses risks to market stability, a report from the majority…
File photograph dated May 6, 2010 shows traders on the floor of the New York Stock Exchange looking at stocks during the final minutes of trading during the Wall Street “flash crash”, which was prompted by one firm’s algorithm selling off 75,000 stocks in 20 minutes, according to a joint report by the Securities and Exchange Commission (SEC) and the US Commodity Futures Trading Commission (CFTC). TIMOTHY A. CLARY/AFP via Getty Images)

CFTC eyes natural language processing to standardize data, improve customer experience

Commodity Futures Trading Commission employees need standardized data to effectively oversee product markets.