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SEC Chair Gensler warns on AI conflicts of interest

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Graphic: Malorny/Getty Images

Alexander Barzacanos

1 min read
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As AI becomes increasingly widespread, financial institutions will have to make sure that their clients are coming first.

In a recent video, SEC Chair Gary Gensler addressed the risks of conflicts of interest that AI can create in the financial services sector, especially in the cases of robo-advisers and other predictive data analytics (PDA) services that involve proffering recommendations to clients.  

While AI has grown extremely adept at

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