COINDESK · 2026-10-28 19:01 UTC

CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'

CFTC Chairman Mike Selig discussed AI's role in financial markets at a forum, calling it a path toward 'autonomous trading' and suggesting the term 'superintelligence' should replace 'artificial intelligence.' Selig raised regulatory questions about AI trading agents, including developer liability, agent identification, and whether new know-your-customer rules are needed for AI entities. Architect CEO Brett Harrison noted that consumer-grade AI tools are lowering barriers to entry for retail and smaller institutional traders to use algorithmic trading in derivatives markets.

Loading the story on Tree News…