A group of Democratic members of the U.S. House of Representatives sent a letter to SEC Chair Paul Atkins on Tuesday seeking details about how the agency oversees AI-driven trading tools and whether current securities laws are sufficient to address the technology.
Summary
- Democratic House lawmakers have asked the SEC to explain how it plans to regulate AI trading agents and whether additional legal authority is needed.
- The lawmakers warned that AI powered trading tools could expand into cryptocurrencies, options, futures, and event contracts while operating with limited regulatory oversight.
- The request comes as Coinbase and other companies continue to roll out AI agents…
