US SEC proposes AI rules for money managers
Proposed rules cover use of analytical, technological and computational functions, correlation matrices, algorithms, models or similar methods or processes
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Proposed rules cover use of analytical, technological and computational functions, correlation matrices, algorithms, models or similar methods or processes
In remarks to the audience at a Financial Times summit earlier this month, Gurbir Grewal, SEC Director of Enforcement, citing a recent poll from Deloitte, observed that over “a third of...
There are concerns about how the SEC proposal to regulation conflicts of interest in advisors' use of technology will work with Reg BI.
U.S. federal market regulators adopted rules Wednesday that require publicly traded companies to disclose most "material cybersecurity incidents" within
Commissioners Hester Peirce and Mark Uyeda voted against the measures, arguing the agency lacks the expertise – and perhaps authority – to regulate the cybersecurity decisions of companies at a granular level.