Prof. Aline Darbellay (Centre for Banking and Finance Law at the University of Geneva) discusses “Algorithm-Driven Information Gatekeepers: Legal and Regulatory Aspects” in a presentation of 15′.
She argues that information gatekeepers manage the flow of information from issuers to investors. The focus of securities regulation was traditionally laid on mandatory disclosure requirements. In modern financial markets, information production is no longer the core issue. Concern has increasingly been raised about the role of information intermediaries as screeners of relevant information. Continue reading “Algorithm-Driven Information Gatekeepers: Legal and Regulatory Aspects”