TheCorporateCounsel.net

The SEC has announced that the SEC Investor Advisory Committee will meet on Thursday, June 6 at 10:00 am Eastern, and one of the topics to be discussed will be the regulation of artificial intelligence. The agenda for the meeting notes:

The rapid advancements in AI technologies have brought about significant benefits and challenges for companies, investment managers and other market participants. As AI becomes increasingly integrated into various sectors, it is crucial to address key issues related to disclosures, and other important aspects of AI such as data controls, bias, and education to ensure ethical and responsible AI practices within the existing regulatory framework and within any new guidance or rules. This panel aims to discuss and provide insights on how the SEC may promote the advancement of AI by helping practitioners navigate these critical aspects.

I addition to the future of AI regulation, the Committee will convene a panel to discuss the new frontier for investment advice. The Committee will also discuss potential recommendations regarding the Protection of Self-Directed Investors when Trading Complex Products and Utilizing Complex Strategies and Financial Literacy and Investor Education.

The meeting will be webcast on the SEC website.

– Dave Lynn