Securities and Exchange Commission Archives

The headquarters of the Securities and Exchange Commission (SEC) is seen in Washington, D.C., on Jan. 28, 2021. (Photo by SAUL LOEB/AFP via Getty Images)

Inside the SEC’s AI approach: Spotting risks, building on machine-learning past

The agency’s chief AI and chief information officer pulls back the curtain on how the securities regulator is embracing the technology.

Dec 10, 2024 By Matt Bracken

House Financial Services Committee ranking member Rep. Maxine Waters, D-Calif., speaks with Rep. Patrick McHenry, R-N.C., before a hearing in the Rayburn House Office Building on Capitol Hill on March 6, 2024 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)

House Financial Services Committee leaders eye AI regulatory push

Reps. Patrick McHenry and Maxine Waters introduce measures targeting the technology’s impact on housing and the financial sector.

Dec 2, 2024 By Matt Bracken

Flags fly over the Federal Reserve Building on Dec. 16, 2008 in Washington, D.C. (Photo by Mark Wilson/Getty Images)

Financial agencies’ AI tests could get reprieve from enforcement

A bipartisan, bicameral bill would allow designated financial regulatory staffers to test the technology’s tools without the threat of such actions.

Aug 7, 2024 By Matt Bracken

From left, Federal Reserve Chairman Jerome Powell, Treasury Secretary Janet Yellen and SEC Chairman Gary Gensler participate in a meeting of the Financial Stability Oversight Council at the U.S. Treasury on July 28, 2023 in Washington, D.C. (Photo by Kevin Dietsch/Getty Images)

Financial regulators have ‘insufficiently’ addressed hedge funds’ use of AI, report says

SEC and CFTC oversight of how investment vehicles use AI to inform trading decisions is lacking and poses risks to market stability, a report from the majority…

Jun 14, 2024 By Matt Bracken

The Eccles Building of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee is pictured June 2, 2016 in Washington, D.C. (Photo by Brooks Kraft/ Getty Images)

Fed, SEC need more consistent blockchain coordination, GAO says

Priority open recommendations from the watchdog ding the financial regulators for lacking consistency in mechanisms to identify and respond to blockchain risks.

Jun 3, 2024 By Matt Bracken

Export-Import Bank taking open-minded approach on the use of generative AI tools

Addressing employee generative AI use is largely an evolution of the agency’s existing policies for general internet searches, said Ex-Im's Howard Spira.

Mar 1, 2024 By Madison Alder

Securities and Exchange Commission Chairman Gary Gensler testifies during a Senate Banking Committee hearing on Sept. 12, 2023, in Washington, D.C. (Photo by Drew Angerer/Getty Images)

SEC Chair Gensler sounds alarm on risks of large AI-fueled financial models

The Securities and Exchange Commission chair has “macro” concerns about financial sector reliance on a couple large AI base models, especially since regulators would have no oversight…

Jan 18, 2024 By Matt Bracken

The SolarWinds Corp. logo is seen at the headquarters in Austin, Texas on April 15, 2021 in Austin, Texas. (Photo by SUZANNE CORDEIRO / AFP)

SolarWinds agrees to pay $26M to settle shareholder lawsuit over 2020 cyberattack

The company also warned that the SEC has made a preliminary decision to take action against the company over the breach.

Nov 7, 2022 By Nihal Krishan

Oracle to pay $23M to settle foreign bribery charges brought by SEC

This is the second time the tech giant has settled with the regulator in connection with the creation of slush funds.

Sep 27, 2022 By John Hewitt Jones

The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., January 28, 2021. (Photo by SAUL LOEB/AFP via Getty Images)

VMware pays $8M to settle SEC cease-and-desist proceedings over prior revenue disclosures

According to the regulator the matter relates to the company’s results disclosures during fiscal years 2019 and 2020.

Sep 13, 2022 By John Hewitt Jones