SEC to Weigh New Artificial-Intelligence Rules for Brokerages – Bloomberg

Wall Street’s main regulator is moving to introduce new rules for brokerages using artificial intelligence to interact with clients.

The US Securities and Exchange Commission said Tuesday that a long contemplated plan to rein in conflicts of interest associated with the technology could be introduced as soon as October. The proposal would also apply to predictive data analytics and machine learning.

Source: SEC to Weigh New Artificial-Intelligence Rules for Brokerages – Bloomberg