US Securities and Exchange Commission to Discuss AI Regulation

According to Odaily, the US Securities and Exchange Commission (SEC) has announced that its Investor Advisory Committee will explore new areas of investment advice and discuss issues related to artificial intelligence regulation in a meeting scheduled for June 6. The SEC's move to discuss AI regulation indicates its recognition of the growing influence of artificial intelligence in the financial sector. The meeting will provide an opportunity for the committee to delve into the potential implications of AI on investment advice and the necessary regulatory measures to ensure its safe and effective use. The SEC's Investor Advisory Committee is tasked with advising the commission on regulatory priorities, issues, and initiatives. The upcoming meeting will be a significant step towards understanding and managing the impact of AI on the investment landscape.