JP Morgan Investment Insulates Limeglass Start-Up Amid Coronavirus

The research start-up is growing its team and is in discussions with clients, despite Covid-19 disruption, after the bank acquired a stake.

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Research start-up Limeglass is riding out the coronavirus storm, thanks to investment from JP Morgan.

Limeglass announced late last year that the bank had acquired an undisclosed stake, and the start-up has since used the funding to hire more people and improve its product, which filters financial research documents to find the most relevant information.

“The investment was a game-changer for us. Clearly, it is helping us through [the coronavirus pandemic], but even before that, we were able

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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 broker dealers’ 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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