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SIFMA 2024: Panelists tackle SEC proposal on predictive analytic tools

Photo: Smith Collection/Gado/Getty Images

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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