Uyeda Says SEC Focused on RIA Fiduciary Process, Not Product Choice
Action Required: Review internal AI adoption policies to ensure they emphasize documented due diligence and process, rather than just product selection.
SEC Commissioner Mark Uyeda emphasized that the SEC prioritizes an RIA's professional judgment and fiduciary process over prescriptive, product-specific regulations. For advisors integrating AI, this signals that the SEC is more concerned with the *process* of how tools are selected and used rather than banning specific technologies, provided the fiduciary standard is upheld.
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