CFTC staff remind derivatives firms that existing rules cover their AI use
See how this story connectsFour divisions of the US Commodity Futures Trading Commission issued a staff advisory on 5 December 2024 on the use of AI by regulated entities. It reminds exchanges, clearing houses, intermediaries and other registrants that their obligations under the Commodity Exchange Act and CFTC rules apply as they adopt AI, and says staff will monitor AI use in routine oversight. It drew on comments to a January 2024 request for comment.
Why it matters
Futures exchanges, clearing houses and brokers were told that AI tools fall under their existing compliance, risk and supervision duties, and that examiners would ask about them.
- When
- 5 Dec 2024
- ID
WTA-N-2024-0152- Where
- United States
- Who
- CFTC
- Topics
- Financial risk
Summary by wheresthe.ai, from Commodity Futures Trading Commission. Checked against the source on 9 Oct 2026.
Source copy: download the page as saved on 18 Oct 2026 (PDF). Also held by the Internet Archive.
Cite this story
WTA-N-2024-0152: “CFTC staff remind derivatives firms that existing rules cover their AI use.” wheresthe.ai, 5 Dec 2024. https://wheresthe.ai/d/us-cftc-staff-advisory-ai-2024-12/ (source: Commodity Futures Trading Commission).
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