SEC Chair Gensler Sounds Alarm On AI Deepfake Impact On Financial Markets

Artificial Intelligence-generated deepfake content has been identified as a potential destabilizer for financial markets by the chair of the U.S. Securities and Exchange Commission (SEC). What Happened: During a recent Senate Banking Committee’s SEC oversight hearing, SEC Chair Gary Gensler underscored the threat deepfakes pose to market stability. This development was covered by Bloomberg. He emphasized the challenge that new technologies such as AI would pose to the existing laws. He added that in cases of AI-induced fraud or market volatility, the SEC would probe the individuals behind the …

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