The financial markets have begun to incorporate AI into various products and services.
The use of AI in DeFi systems has the potential to complicate regulatory matters.
Concerning the use of AI in the financial markets, particularly decentralized finance, Kristin Johnson of the Commodity Futures Trading Commission (CFTC) has suggested measures including increased fines.
Johnson expressed her worries on artificial intelligence and its implications for deregulation of financial markets in a speech she gave at the Fintech and Blockchain Symposium co-hosted by Sidley Austin and Rutgers Law School.
Johnson stated:
“Deploying AI in ecosystems running on blockchain technology raises novel issues for supervision, risk management, and compliance, as well as enforcement.”
Complicating Regulatory Matters
The financial markets have begun to incorporate AI into various products and services, such as robo-advisers, compliance programs, and brokerage applications. Algorithmic and aut
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