Panel suggests SEC use existing rules to address advisor AI conflicts
'You don’t need to reinvent the wheel here. You’ve got the building blocks to address [AI and predictive data analytics] concerns,' says a member of the advisory committee.
A group of financial industry participants, investor advocates, academics and regulators discussed a draft recommendation Thursday that suggests the SEC amend its existing rules rather than create a new one to target potential conflicts of interest related to financial advisors’ use of artificial
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