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Senate Homeland Security Committee Chairman Peters Report Finds Hedge Funds Use of AI in Trading Decisions Without Sufficient Guardrails Increases Risks to Investors, Financial Markets
June 15, 2024
WASHINGTON, June 15 -- Sen. Gary Peters, D-Michigan, chairman of the Senate Homeland Security and Governmental Affairs Committee, issued the following news release:

U.S. Senator Gary Peters (D-MI), Chairman of the Homeland Security and Governmental Affairs Committee, released a report examining how hedge funds use artificial intelligence (AI) to inform trading decisions and the potential impacts it could have on market stability. The report finds the development of AI technology is . . .

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