Category: Artificial Intelligence Regulation

Artificial Intelligence Regulation involves the development and implementation of policies, laws, and guidelines aimed at governing the design, deployment, and use of Artificial Intelligence (AI) technologies. It encompasses a broad spectrum of considerations, including ethical concerns, privacy protections, accountability frameworks, and ensuring fairness and transparency in AI systems. Regulation seeks to address risks such as biases in algorithms, potential job displacement due to automation, cybersecurity threats posed by AI, and societal impacts of AI-driven decisions. Effective AI regulation requires collaboration among governments, industry stakeholders, academics, and civil society to strike a balance between fostering innovation and safeguarding public interests. Key aspects include defining regulatory frameworks that adapt to rapid technological advancements, establishing standards for AI development and deployment, and enforcing compliance mechanisms to ensure adherence to ethical and legal standards across diverse applications of artificial intelligence.

SEC-PR-2024-65

Artificial Intelligence Regulation SEC-2405
SEC NEWS - SEC-PR-2024-65SEC-PR-2024-65 (MAY. 31, 2024)
PRESS RELEASE | 2024-65

SEC Investor Advisory Committee to Examine the New Frontier for Investment Advice and Discuss AI Regulation at June 6 Meeting

Washington D.C., May 31, 2024 — The Securities and Exchange Commission’s Investor Advisory Committee will hold a virtual public meeting on June 6, 2024, at 10 a.m. ET. The meeting will be webcast on the SEC website.

The committee will host two panels:

  • Examining the New Frontier for Investment Advice; and
  • AI Regulation: Embracing the Future

The committee will also discuss potential recommendations regarding the Protection of Self-Directed Investors when Trading Complex Products and Utilizing Complex Strategies ⊗ (PDF) and Financial Literacy and Investor Education ⊗ (PDF).

The full agenda is available here ⊗.

The Investor Advisory Committee, which focuses on investor-related interests, advises the Commission on regulatory priorities and various initiatives to help protect investors and promote the integrity of the U.S. securities markets. Established by the Dodd-Frank Act ⊗ (PDF), the Committee is authorized by Congress to submit findings and recommendations to the Commission.

Learn more about the Investor Advisory Committee here ⊗.

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