Credit: growth.ai/Adobe Stock Ex-SEC Commissioners Fear Agency's AI Regulation Will Be Ham-Handed
"Let's not try to use enforcement to cause folks to pull back and not offer these services. I think that's the challenge," said Robinhood Markets legal chief Dan Gallagher, an SEC commissioner from 2011 to 2015.
June 25, 2024 at 09:45 AM
6 minute read
Regulation
Former commissioners of the U.S. Securities and Exchange Commission say the agency should take a more thoughtful and collaborative regulatory approach toward artificial intelligence than it did with cryptocurrency, as technology critics say is stifled by "regulating by enforcement."
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