United States Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson recently advanced three proposals for the regulation of artificial intelligence (AI) technologies as they apply to U.S. financial markets.Â
Speaking at the Technology Advisory Committee (TAC) meeting held on May 2, Johnson laid out the CFTCâs three-pronged agenda consisting of the establishment of a âprinciples-based frameworkâ to assess the risks associated with integrating AI into financial markets, heightened penalties the intentional misuse of AI, and the creation of a task force to âevaluate, assess, and harmonize guidance, supervision, and regulation that addresses the increasing integration of AI in financial markets.â