CFTC Advisory On The Use of Artificial Intelligence: Buzzword or Bogeyman?

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CFTC Advisory On The Use of Artificial Intelligence: Buzzword or Bogeyman?

Artificial Intelligence (“AI”) is everywhere you look right now. AI is a lot of things, but for most of the market it is simultaneously a buzzword for innovation and efficiency, and a bogeyman for fraud and privacy concerns. As such, AI is a technology that banking and markets regulators, like the Commodity Futures Trading Commission (“CFTC”) are watching closely. On December 5, 2024, the CFTC issued a staff advisory (the “Advisory”) regarding the use of AI in CFTC-regulated markets.

https://www.mvalaw.com/investigations-and-regulatory-advice/cftc-advisory-on-the-use-of-artificial-intelligence-buzzword-or-bogeyman

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Artificial Intelligence (“AI”) is everywhere you look right now. AI is a lot of things, but for most of the market it is simultaneously a buzzword for innovation and efficiency, and a bogeyman for fraud and privacy concerns. As such, AI is a technology that banking and markets regulators, like the Commodity Futures Trading Commission (“CFTC”) are watching closely. On December 5, 2024, the CFTC <a href="https://www.cftc.gov/PressRoom/PressReleases/9013-24">issued a staff advisory</a> (the “Advisory”) regarding the use of AI in CFTC-regulated markets.<a href="https://www.mvalaw.com/investigations-and-regulatory-advice/cftc-advisory-on-the-use-of-artificial-intelligence-buzzword-or-bogeyman">https://www.mvalaw.com/investigations-and-regulatory-advice/cftc-advisory-on-the-use-of-artificial-intelligence-buzzword-or-bogeyman</a>&nbsp;

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