In remarks at the U.S. Securities & Exchange Commission’s roundtable on artificial intelligence (AI) in the financial industry, Acting Chairman Mark T. Uyeda set out a technology-neutral regulatory posture that seeks to avoid unnecessary barriers to AI adoption while addressing any regulatory gaps that emerge. Uyeda emphasised that the use of AI and related technologies in financial products and services is not new, but that recent advances are expanding potential use cases across trading and investing as well as internal automation, coding, investor communications and risk management. He highlighted potential benefits such as improved decision-making and operational efficiencies, alongside risks that depend on the specific technology, use case and deployment, and argued that the SEC should focus on relevant data and evidence, engage with innovators and market participants, and avoid overly prescriptive rules that could become quickly outdated, duplicate existing requirements, encourage check-the-box compliance or impede innovation.
U.S. Securities & Exchange Commission 2025-03-27
U.S. Securities & Exchange Commission Acting Chairman urges technology-neutral approach to regulating artificial intelligence in financial markets
At the U.S. Securities & Exchange Commission's roundtable on artificial intelligence in the financial industry, Acting Chairman Mark T. Uyeda advocated for a technology-neutral regulatory approach to AI adoption, addressing emerging regulatory gaps. Uyeda highlighted AI's expanding use in trading, investing, and risk management, emphasizing the need for data-driven regulation that avoids overly prescriptive rules and encourages innovation.