VELARU GALACTIC EXHIBIT PACK — ALGORITHMIC TRADING
Jurisdiction: New York (us_ny)
Modality: Text / Chat
Program: Velaru Algorithmic Trading · New York (galactic_algorithmic_trading_us_ny)
Product ID: algorithmic_trading:us_ny:bundle:text
Vertical: algorithmic_trading
Generated: 2026-08-15T15:14:19.592364Z
Authority: New York AI Governance Pack — Reg SCI Algorithm Audit Pack
Deadline: SEC Reg SCI + CFTC Reg AT examination cycle
Velaru verify: https://velaru-erra.onrender.com/verify

EXHIBIT A — AI INVENTORY
[]

EXHIBIT B — GOVERNANCE FRAMEWORK
{
  "framework": "Velaru Mandate Registry \u2014 Algorithmic Trading",
  "exhibit_authority": "New York AI Governance Pack \u2014 Reg SCI Algorithm Audit Pack",
  "regulatory_frameworks": [
    "SEC Reg SCI",
    "CFTC Reg AT",
    "MiFID II RTS 6",
    "NYDFS Circular Letter on AI",
    "NYC Local Law 144",
    "Martin Act"
  ],
  "standards_alignment": [
    "POSS-2",
    "DRP-1",
    "TCB",
    "FRE 707 pre-compliance",
    "ISO 42001"
  ],
  "human_oversight": "execute algorithmic order",
  "third_party_verification": "https://velaru-erra.onrender.com/verify (operator-independent)",
  "data_lineage": "Hash-chained Ed25519 receipts; optional RFC3161 + external anchor",
  "mirror_trap": "HFT firms prove latency \u2014 cannot prove why algo traded at flash crash moment. \u00b7 Local Law 144 requires annual bias audit \u2014 Velaru receipts are continuous audit, not annual snapshot.",
  "chain_integrity": {
    "depth": 1,
    "invariant_holds": true
  }
}

EXHIBIT D — DATA INPUTS & VALIDATION
{
  "data_validation_method": "Cryptographic receipt per AI decision; public verify without trusting deployer, vendor, or Velaru operator",
  "bias_testing_proxy": "Asymmetry score from live chain signals",
  "model_change_control": "Policy lock registry \u2014 criteria hash frozen pre-dispute",
  "logging_retention": "90-day pre-dispute window minimum; permanent verify permalinks",
  "external_validator": "Nisaba LLC / Velaru",
  "validator_independence": "Client-side Ed25519 verify; BYOK tri-receipt optional",
  "headline_stat": "Kill switch override without receipt = market manipulation inference",
  "global_leaders_addressed": [
    "SEC",
    "CFTC",
    "Citadel",
    "Jane Street",
    "NYSE",
    "NYDFS",
    "NYC DCWP",
    "Goldman Sachs"
  ]
}

MIRROR TRAP (regulatory insight)
HFT firms prove latency — cannot prove why algo traded at flash crash moment. · Local Law 144 requires annual bias audit — Velaru receipts are continuous audit, not annual snapshot.

NERVE CARDS — WHY GLOBAL LEADERS CARE
[
  {
    "title": "Flash crash reconstruction",
    "body": "SEC asks decision path in 48h \u2014 internal logs challenged as editable.",
    "source": "vertical"
  },
  {
    "title": "Reg AT",
    "body": "CFTC algorithm registration requires change control \u2014 Velaru is change control receipt.",
    "source": "vertical"
  },
  {
    "title": "MiFID II RTS 6",
    "body": "EU equivalence \u2014 global banks need one audit primitive.",
    "source": "vertical"
  },
  {
    "title": "[New York] Financial capital",
    "body": "NYDFS regulates insurers AND banks \u2014 same receipt primitive for both books.",
    "source": "jurisdiction"
  },
  {
    "title": "[New York] Hiring audit law",
    "body": "NYC AEDT law is template for other cities \u2014 receipt architecture scales municipally.",
    "source": "jurisdiction"
  },
  {
    "title": "[Text / Chat] Modality hook",
    "body": "Baseline \u2014 all frameworks apply to text decisions.",
    "source": "modality"
  }
]

BOOK SUMMARY: {
  "total_insureds": 0,
  "compliant": 0,
  "grace_period": 0,
  "non_compliant": 0,
  "expired": 0,
  "not_enrolled": 0,
  "compliant_pct": 0.0
}

TAM / EXPOSURE: $100T+ daily equity volume · algo accountability
INSURANCE LINES: E&O, Crime, D&O

DISCLAIMER: External validation evidence pack — not legal advice, not filed rate approval.