AI and machine learning are fueling the next wave of change in financial services, promising efficiency and smarter decisions – but they’re also ushering in a maze of new legal headaches. Regulators, eager to encourage innovation but wary of risk, are focusing on whether AI-driven
Digital asset custody is one of the thorniest regulatory challenges in U.S. financial law. Investment advisers and broker-dealers must follow strict custody and client-asset protection rules – but these rules were built around physical certificates, banks, and transfer agents, not cryptographic keys and distributed ledgers.
Blockchain may be new, but the financial system problems it aims to solve aren’t. The 1960s “Paperwork Crisis” pushed regulators to modernize markets through electronic trading and coordinated clearing systems. Today, blockchain is positioned as the next major upgrade – offering a shared, tamper-resistant ledger