Massachusetts regulators launch probe into AI in securities industry

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Massachusetts regulators launch probe into AI in securities industry

BOSTON, Aug 3 (Reuters) – Massachusetts securities regulators have opened an investigation into the way investment firms use artificial intelligence car service in boston their interactions with investors car service in boston the state, citing concerns about the technology’s growth and If you beloved this article and you also would like to get more info pertaining to JetBlack i implore you to visit the web site. potential unchecked use.

Massachusetts Secretary of State Bill Galvin, the state’s top securities regulator, on Thursday announced that his office had sent letters of inquiry to a number of firms using or developing AI for their businesses, including JPMorgan Chase and Morgan Stanley.

Others who received letters included Tradier Brokerage, US Tiger Securities, E*Trade, Savvy Advisors and best car service from manhattan to newark airport Hearsay Systems, according to a spokesperson for Galvin. (Reporting by Nate Raymond in Boston; Editing by Mark Porter)