Source: Mondaq

The Mondaq article discusses the Commodity Futures Trading Commission’s (CFTC) reminder to firms using artificial intelligence (AI) in financial services to adhere to existing regulations. As AI becomes integral to trading and market analysis, the CFTC emphasizes the importance of compliance with rules on transparency, accountability, and fair market practices.

The CFTC warns that AI systems must not facilitate market manipulation, insider trading, or other prohibited activities. The agency also highlights the need for rigorous oversight of AI algorithms to ensure they operate within legal frameworks. The article stresses the CFTC’s commitment to fostering innovation in financial markets while upholding integrity and protecting investors.