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Top related persons:
Aly - 1 Bill Galvin - 1 Morgan Stanley - 1 Galvin - 1 Nate Raymond - 1 Chris Prentice - 1 Mark Porter - 1 Andrea Ricci - 1
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Artificial Intelligence - 1 REUTERS - 1 BOSTON - 1 JPMorgan Chase - 1 US Tiger Securities - 1 U.S . Securities - 1 Exchange Commission - 1 SEC - 1

Search resuls for: "US Tiger Securities"


2 mentions found


☆ Massachusetts regulators launch probe into AI in securities industry
  + stars: | 2023-08-03 | by ( Nate Raymond Chris Prentice | Nate Raymond | Chris Prentice | ) www.reuters.com   time to read: +2 min
An AI (Artificial Intelligence) sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. REUTERS/Aly Song/File PhotoBOSTON, Aug 3 (Reuters) - Massachusetts securities regulators have opened an investigation into the ways in which investment firms use artificial intelligence in their interactions with investors, citing concerns about the technology's potential unchecked use. Others who received letters included Tradier Brokerage, US Tiger Securities, E*Trade, Savvy Advisors and Hearsay Systems, according to a spokesperson for Galvin, a long-serving Democrat and prominent state securities regulator. "If deployed without the guardrails necessary to ensure proper disclosure and consideration of conflicts, I am concerned that this technology could result in harm to investors," Galvin said in a statement. The investigation came a week after the U.S. Securities and Exchange Commission proposed requiring broker-dealers to eliminate possible conflicts of interest from the use of artificial intelligence on trading platforms.
Persons: Aly, Bill Galvin, Morgan Stanley, Galvin, Nate Raymond, Chris Prentice, Mark Porter, Andrea Ricci Organizations: Artificial Intelligence, REUTERS, BOSTON, JPMorgan Chase, US Tiger Securities, U.S . Securities, Exchange Commission, SEC, Thomson Locations: Shanghai, China, Massachusetts, Boston, Washington
☆ China's JD.com says worst is over for consumer demand
  + stars: | 2022-11-18 | by ( ) www.reuters.com   time to read: +2 min
Research house TH Data Capital noted in a report that sales growth at JD.com in September was better than that in July and August, driven mainly by consumer electronics, home appliance and FMCG. Revenue grew to 243.5 billion yuan ($34.21 billion) in the three months ended Sept. 30, compared with a Refinitiv consensus estimate from 22 analysts of 242.81 billion yuan. Rival Alibaba reported 3% revenue growth in the three months ended Sept. 30. JD.com's quarterly net income attributable to ordinary shareholders was 6 billion yuan, compared with a net loss of 2.8 billion yuan a year earlier. Excluding one-off items, JD.com earned 6.27 yuan per American Depository Share, beating expectations of a 4.44 yuan profit per ADS.
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