Massachusetts Regulators Launch Probe Into AI In Securities Industry

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BOSTON, Aug 3 (Reuters) - Massachusetts securities regulators have opened an investigation into the way investment firms use artificial intelligence in their interactions with investors in the state, If you have any inquiries with regards to where by and car service new york how to use JetBlack, you can speak to us at our own web-site. citing concerns about the technology's growth and 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, JetBlack including JPMorgan Chase and Morgan Stanley.
Others who received letters included Tradier Brokerage, US Tiger Securities, E*Trade, New York Car Service Savvy Advisors and Hearsay Systems, according to a spokesperson for Galvin. (Reporting by Nate Raymond in Boston; Editing by Mark Porter)

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