When More Is Less: Information Overload in AI-Driven Finance

By Attila Balogh, Antoine Didisheim, Luciano Somoza and Hanqing Tian June 19, 2025 by renholding

Large language models (LLMs) are rapidly becoming integral to financial analysis, from parsing earnings calls to predicting stock market reactions to news. But a critical question remains: When we feed these models more information, do they perform better? Our recent …

SEC Chair Gensler Speaks on Emerging Trends in Asset Management

By Gary Gensler May 24, 2023 by renholding

I am pleased to welcome everyone to the Division of Investment Management’s inaugural Conference on Emerging Trends in Asset Management.

As is customary, I’d like to note that my views are my own as Chair of the Securities and Exchange

…

SEC Chair Gensler Issues Statement on Request for Comment on “Information Providers”

By Gary Gensler June 17, 2022 by renholding

Today [June 15], the Commission voted to issue a request for comment to help determine which “information providers,” such as index providers, model portfolio providers, and pricing services, might come under the Commission’s definition of an investment adviser. The role …

SEC Chair Speaks Before Small Business Capital Formation and Asset Management Advisory Committees

By Gary Gensler September 28, 2021 by renholding

Thank you, Carla [Garrett]. It’s good to be with this Committee again. I’d like to thank the members for their time and willingness to represent the interests of America’s small businesses. As is customary, I’d like to note I’m not

…

SEC Chair Calls for Transparency on What Funds Mean by Sustainability and Diversity

By Gary Gensler July 8, 2021 by renholding

Thank you for the kind introduction. I enjoyed chatting with you a couple of weeks ago, Ed, and it’s good to meet with the whole committee for the first time.

I’m grateful for your time and willingness to give us

…

Chairman Clayton Speaks to SEC’s Asset Management Advisory Committee

By Jay Clayton May 28, 2020 by renholding

I look forward to hearing the Committee’s insights into the effects of the pandemic on the asset management industry and, in particular, our long-term Main Street investors.[1] An essential component of our national response to, and recovery from, COVID-19

…

Operating Systems: How Tech Is Changing Asset Management

By Dirk A. Zetzsche, William A. Birdthistle, Douglas W. Arner and Ross P. Buckley March 20, 2020 by renholding

The impact of technology on finance (FinTech) is one of the hottest topics in business, law, and regulation, with academics and practitioners considering a host of issues that include cryptocurrencies, robo-advice, initial coin offerings, and algorithmic analyses of big data. …

SEC Chair Clayton Speaks at Inaugural Meeting of Asset Management Advisory Committee

By Jay Clayton January 16, 2020 by renholding

I am delighted to welcome you in this new year to the inaugural meeting of the Commission’s newest advisory committee—the Asset Management Advisory Committee, or the “AMAC.”[1] I apologize that I am not there to speak to you in

…

The CLS Blue Sky Blog

Columbia Law School's Blog on Corporations and the Capital Markets

asset management