CFTC Names Task Force for AI Rules

The Commodity Futures Trading Commission (CFTC) has established an Innovation Task Force (ITF) to develop clear regulatory guidelines for new technologies in U.S. derivatives markets. This initiative aims to foster innovation while ensuring market integrity and providing a predictable environment for companies developing novel products. The task force's formation signals a proactive approach by the CFTC to address the evolving landscape of financial technology and artificial intelligence within its jurisdiction.