On June 21, the Securities and Exchange Commission ("SEC") Acting Director and Chief Economist gave a keynote address titled "The Role of Big Data, Machine Learning, and AI in Assessing Risks: A Regulatory Perspective" at the Annual Operational Risk North America Conference. The director discussed the role of artificial intelligence in assessing risk and the spin-off field of "Regtech" to make compliance and regulatory-related activities easier, faster, and more efficient.
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