SEC Chair Gensler warns of AI risks in financial markets

Securities and Exchange Commission (SEC) Chair Gary Gensler speaks with Yahoo Finance Reporter Jennifer Schonberger to discuss the potential impact of artificial intelligence (AI) on financial markets.

Gensler notes that AI has been enhancing productivity for the past decade, well before the current generative AI wave. “I think this is accelerating, and it’s changing finance in many ways,” he says. Gensler emphasizes that policymakers should focus on algorithmic conflicts, fraud…