Planet Daily News: The U.S. Securities and Exchange Commission officially released a statement by Acting Chairman Mark T. Uyeda at a financial industry AI roundtable. Mark T. Uyeda stated that the U.S. financial markets have been continuously advancing through technological innovation, with various forms of artificial intelligence being used in financial products and services. The use of these technologies has promoted trading, investment, and improvements in financial products and processes. Financial regulators should adopt a technology-neutral regulatory approach, avoiding overly prescriptive methods that could quickly render rules outdated, redundant, and lead to a "checkbox" compliance approach that hinders innovation. If technological advancements like AI create potential regulatory gaps or indicate the need for additional guidance, the U.S. Securities and Exchange Commission is responsible for addressing these gaps or providing guidance that encourages innovation while protecting investors. The SEC must keep its statutory powers in mind and prioritize effective and cost-efficient regulations in this area.