Skip to Primary Navigation

Skip to main content

SEC Chair Gensler warns on AI conflicts of interest

Graphic of a robot and speech bubbles.
Graphic: Malorny/Getty Images

Alexander Barzacanos

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

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

, , , ,