SEC, FINRA growing wary of AI

Wealthtech Weekly

October 3, 2024

By Rachel Witkowski Tech reporter

The SEC and FINRA are raising red flags on AI uses and emerging investments like ETFs in recent weeks.

Terms like "AI washing" and "deep fakes" have resurfaced, as well as concerns about data leaks in commonly used AI tools like large language models (such as ChatGPT) and AI dictation services used during virtual meetings.

See their tips on potential regulatory risks with AI here, and much more at Financial Planning.

And check out this week's Tech Spotlight on 55ip's platform acting as the "painkiller" for tax management services.

Feel free to reach me at rachel.witkowski@arizent.com.

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