The SEC’s Investor Advisory Committee (IAC) will hold a meeting on March 6, 2025 to discuss several topics including retail fraud and Artificial Intelligence’s (AI) impact on operations.
The first panel is as follows:
Disclosure of Artificial Intelligence’s Impact on Operations
AI poses a variety of risks and opportunities that companies need to disclose, but the inconsistency in these disclosures can be problematic for investors seeking clear and comparable information. A recent report on the Harvard Law School Forum on Corporate Governance highlighted that over 60% of S&P 500 companies view AI as a material risk, with concerns spanning across cybersecurity, competition, innovation, regulations, intellectual property, ethical, and reputational risks. However, the way these risks are disclosed varies significantly among industries, making it challenging for investors to assess and compare the risks and opportunities effectively. This panel will bring various stakeholders to examine how the SEC can harmonize the AI-related disclosure regime and provide the information that investors are seeking. To do that, this panel will specifically focus on AI’s impact on corporate operations and financial disclosures.
The second panel is described below:
Retail Investor Fraud in America
Retail investor fraud is crippling the lives and financial prosperity of individuals and families across America. Nearly 1 in 10 investors will lose money in a fraud scheme at some point in their lives, with little or no opportunity for recovery in many cases. The panel will examine the economic impact and mechanics of retail investor fraud in America and explain how bad actors, including large criminal organizations, are using artificial intelligence and other technologies to steal American wealth at an astonishing pace. Panelists include securities regulators and fraud experts who will discuss their work combatting these scams and conclude with a moderated panel discussion addressing questions from the IAC.
The complete agenda is available here.
The IAC meeting begins at 10 AM and will be live-streamed on the SEC website.