U.S. SEC Chair Paul Atkins announced that artificial intelligence will significantly reshape capital market regulation. Speaking at the Financial Stability Oversight Council’s AI Innovation Roundtable Series, Atkins highlighted the SEC's commitment to integrating AI in risk assessment, market anomaly detection, and disclosure review. The SEC has formed an AI Task Force to advance these initiatives, maintaining a "technology neutrality" stance and a "materiality-based" disclosure framework.
Atkins emphasized that the SEC will actively target AI-driven fraud and misleading promotions, ensuring compliance with legal standards. He assured that the SEC will embrace AI advancements, fostering collaboration between market participants and regulators to support the stable development of capital markets.
SEC Chair Paul Atkins: AI to Transform Capital Market Regulation
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