According to an SEC news release, the CETU will have a few priorities, including fraud committed with emerging technologies like artificial intelligence (AI) and machine learning (ML), or through the use of social media, the dark web, or “false websites.”
“The unit will not only protect investors but will also facilitate capital formation and market efficiency by clearing the way for innovation to grow,” Uyeda added. “It will root out those seeking to misuse innovation to harm investors and diminish confidence in new technologies.”
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