SEC Proposes Ending Unfiltered Access

"[These] rules would require brokers who provide market access to others to put in place effective pre-trade risk management controls and supervisory procedures," says Mary Schapiro, chair of the SEC. "These controls would effectively prohibit unfiltered access. The controls would also ensure greater supervision of those customers who are otherwise given access to exchanges or alternative trading systems (ATSes)."

According to SEC staff, a number of self-regulatory organizations (SROs) recently

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Study: RAG-based LLMs less safe than non-RAG

Researchers at Bloomberg have found that retrieval-augmented generation is not as safe as once thought. As a result, they put forward a new taxonomy to help firms mitigate AI risk.

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