US Senate
Fighting FAIRR: Inside the bill aiming to keep AI and algos honest
The Financial Artificial Intelligence Risk Reduction Act seeks to fix a market abuse loophole by declaring that AI algorithms do not have brains.
CFTC Chair Says Agency is ‘Finally’ Getting Resources to Bolster Tech
Giancarlo lauds budget approval from Congress in swansong industry appearance.
CAT’s Tale: How Thesys, the SROs and the SEC Mishandled the Consolidated Audit Trail
WatersTechnology investigates the torturous journey to create a stock-trading database for the US, and where the project goes from here.
CAT Delayed Further as Thesys Ousted, Finra Tipped as Successor
US Consolidated Audit Trail consortium fires database processor in shock move.
U.S. Senate Confirms J. Christopher Giancarlo as CFTC Chair
After serving as acting chairman since January, J. Christopher Giancarlo is now confirmed as chairman of the U.S. Commodity Futures Trading Commission.
US Senator Urges Greater Reg SCI Transparency from SEC
Ranking member of Senate subcommittee says regulator should update list of affected firms