SEC passes new ‘conflict of interest’ rules governing how brokers can use AI

by Aurelia Butler 26 July 2023, 21:00 159 Views

During an internal meeting streamed on the SEC’s website, Chairman Gary Gensler invoked everything from his disdain for the color green to his feelings on romantic comedies while advocating for the changes that essentially seek to prohibit brokers from using “optimization functions,” or data analytics tools, to their benefit.

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Source: Cryptocurrency - investing.com

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SEC passes new ‘conflict of interest’ rules governing how brokers can use AI

Fed approves hike that takes interest rates to highest level in more than 22 years

Flashbots becomes unicorn after raising $60 million

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