Artificial Intelligence In Capital Markets – Analysis – Eurasia Review
AI Definition in Capital Markets
By Eva Su and Ling Zhu
The term AI has been defined in federal laws such as the National Artificial Intelligence Initiative Act of 2020 as “a machine-based system that can … make predictions, recommendations or decisions influencing real or virtual environments.” The U.S. capital markets regulator, the Securities and Exchange Commission (SEC), referred to AI in a notice of proposed rulemaking in June 2023 (discussed in more detail below) as a type of predictive data analytics-like technology, describing it as “the capability of a machine to imitate intelligent human behavior.”
AI Use in Capital Markets
The scope and speed of AI adoption in the financial…
