Tag: Algorithms

2019 is year of the algorithm for the SEC

In 2016, the SEC said it would begin auditing robo-advisers for compliance with securities laws, and in February 2017, the SEC issued an investor bulletin and guidance on the topic. Now, in two separate cases, the SEC has made the point that using an algorithm does not relieve investment advisers of their obligations under the federal securities laws. via 2019…

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Insider Trading: Algorithmic Sleuths Follow the Options Market – Bloomberg

Insider trading involves illegal profiting from nonpublic information by people buying and selling shares. It typically increases whenever companies are busy acquiring each other. The 42 percent rise in the Russell 3000 index during the 24 months through September included the most mergers and acquisitions in 12 years. Now the technology that created artificial intelligence is getting good at detecting stock market…

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