Merrill Lynch Raids Morgan Stanley For New MLAM Technology Officer


PRINCETON, N.J.-- Merrill Lynch Asset Management has hired Sean Kelley, until last month a managing director for information technology at Morgan Stanley Asset Management, as its chief technology officer.

A Merrill spokeswoman confirms Kelley is due to begin at MLAM on April 1 and will be one of two executives reporting to Rod Steel, head of technology for the Asset Management Group at Merrill Lynch. The other is Kryss Brady, head of technology for Merrill Lynch Mercury Asset Management in London

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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