The CFTC issued a customer advisory warning the public about artificial intelligence (AI) scams promising significant profits through AI-driven trading bots and algorithms, cautioning investors to be skeptical of guaranteed high returns. In response to the CFTC's request for comments on AI regulation, it seeks industry input to understand and regulate AI's impact in financial markets. The London Metal Exchange joined the International Chromium Development Association, and China broke records by adding 216.9 gigawatts of solar power in 2023.
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The John Lothian Newsletter Hits and Takes and Lead Stories for August 28th, 2020.