CFTC Chairman: AI May Drive Financial Markets Toward Autonomous Trading; Developer Registration and Liability Attribution Issues Remain Unresolved

Selig also raised several regulatory questions: whether developers of autonomous trading agents need to register, who bears responsibility when an agent loses control, and how regulators can identify the actual users behind these agents, proposing that a "Know Your Agent" (KYA) mechanism may be necessary. Selig noted that the CFTC has already addressed whether software developers and user interfaces trigger regulatory requirements in the crypto asset market, providing relevant experience for reference. The agency is currently also leveraging AI to strengthen regulatory oversight of the derivatives market.