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SEC Chairman: SEC technology neutral, we focus on results, not the tool itself

SEC Chairman Gary Gensler tweeted that the SEC is technologically neutral. We focus on the results, not the tools themselves. However, securities laws may be affected depending on how artificial intelligence technology is used. Within our current scope of power, we focus on preventing micro and macro challenges of artificial intelligence. According to securities laws, fraud is fraud. The SEC's focus is on identifying and prosecuting any form of fraudulent behavior that may threaten investors, capital formation, or the broader market.

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