Article
Can AI Trading Models Commit Insider Trading?
Fund managers are increasingly deploying large language models and other artificial intelligence tools capable of accessing and analyzing nonpublic information at unprecedented scale, raising pressing questions about how existing insider trading and material nonpublic information handling rules apply when the entity processing restricted data is not a human analyst but an AI model operating across vast datasets.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP