Massachusetts Regulators Launch Probe Into AI In Securities Industry

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Massachusetts Secretary of State Bill Galvin, the state's top securities regulator, on Thursday announced that his office had sent letters of inquiry to a number of firms using or developing AI for their businesses, including JPMorgan Chase and Morgan Stanley.
Others who received letters included Tradier Brokerage, US Tiger Securities, E*Trade, Savvy Advisors and Hearsay Systems, according to a spokesperson for Galvin. (Reporting by Nate Raymond car service in boston Boston; Editing by Mark Porter)