Wall Street research & ChatGPT: Firms face legal risks over transparency, client relations

Regulators are interested to know how ChatGPT & AI will change the way Wall Street investment houses generate market analysis & other reports.

The one area of Wall Street that is ripe for artificial intelligence (AI) disruption is investment research — the reams of reports churned out daily by legions of analysts. When considering applying ChatGPT or other AI applications to research content, however, Wall Street investment banks and other financial services firms might be well advised to pause and think through some of the unclear and thorny legal risks — an area in which technology…