Acting Chairman Chris Giancarlo announced a new program, LabCFTC, to engage financial technology. Sources of innovation in mind include: big data, artificial intelligence applications for trade execution, online fraud detection and distributed ledger technology, and more. His speech is here. One of the more interesting questions will involve how this program compares to ongoing OCC and CFPB initiatives.
CFTC Acting Chairman Giancarlo Launches Fintech Program
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