In at least two cases, regulators have asked private funds 15 sets of questions about how they’re using AI, including a description of their “models and techniques,” a “list of algorithmic trading signals and associated models,” the source and providers of their data, and internal reports of “any incidents where AI use raised any regulatory, ethical, or legal issues,” according to a document request letter obtained by RCW.
At least one of the request letters came from an examiner on the SEC’s national exam team based in New York….
‘Enforcement 40’ for 2020
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