regulation ·

CFTC chief Selig questions policing AI, sees path to autonomous trading

The Chairman of the U.S. Commodity Futures Trading Commission, Mike Selig, indicated during a recent forum that artificial intelligence agents could initiate a significant shift within finance.


Selig raised inquiries concerning the oversight of AI, while simultaneously characterizing the progression toward "autonomous trading" as a potential outcome.

This discussion took place at a gathering hosted by the U.S. Commodity Futures Trading Commission.

The suggestion from the Commission's chief points toward evolving regulatory considerations regarding automated market participants.

This focus aligns with broader trends concerning the integration of sophisticated technology into regulated financial markets.

Reported by CoinDesk.

Topics: regulation, exchange.

Related coverage

More coverage