The Commodity Futures Trading Commission (CFTC) has announced the appointment of Dr. Ted Kaouk as its first Chief Artificial Intelligence Officer. As Dr. Kaouk is now acting as the Chief Data Officer and Director of the Division of Data at the CFTC, he will broaden his duties to oversee the development and execution of the CFTC’s overall data and artificial intelligence strategy.
This progress is intended to enhance oversight, surveillance, and enforcement, as well as other segments of the derivatives market in which the CFTC operates.
The CFTC now has a “Chief AI Officer”
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Chairman Rostin Behnam highlighted the importance of advanced data analytics and artificial intelligence in evolving the operational systems of the CFTC. In Chairman Behnam’s words, Dr. Kaouk’s deep technical knowledge and prior successful leadership are critical for driving the CFTC’s initiatives at this current time. The i
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