SIFMA 2024: Panelists tackle SEC proposal on predictive analytic tools

Sharp differences emerged during discussion on neutralizing conflicts of interest created by algorithms.

The SEC’s proposed rule on artificial intelligence and predictive data analytics – announced in July 2023 – is considered one of several efforts to update financial regulation for the meme-stock era.

At the time the proposed rule was unveiled, SEC Chair Gary Gensler said it was about more than just disclosure. It

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