Prepared Remarks before the Investor Advisory Committee
· Gary Gensler, Chair of the U.S. Securities and Exchange Commission (United States)
Summary written by Dark Majestic in its own words · topics: technology, ai and cyber risk
GG · Gary Gensler Wiki · U.S. Securities and Exchange Commission WikiPrepared Remarks before the Investor Advisory CommitteeContextSpeech by Gary Gensler, Chair of the U.S. Securities and Exchange Commission.
Why it mattersGensler discusses bias in digital engagement practices.
Problems raised- Digital engagement raises conflicts and bias.
- Cyber risks threaten advisers and funds.
- Regulatory gaps expose retail investors to fraud.
Solutions proposed- Hear the committee on conflicts and bias.
- Propose cybersecurity rules for advisers and funds.
- Close gaps that allow fraud.
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