The Securities and Exchange Commission (SEC) has announced the launch of a new Artificial Intelligence (AI) Task Force aimed at advancing innovation and operational efficiency through the responsible use of AI. Valerie Szczepanik, SEC’s recently appointed Chief AI Officer, will lead the initiative.

“The AI Task Force will empower staff across the SEC with AI-enabled tools and systems to responsibly augment the staff’s capacity, accelerate innovation, and enhance efficiency and accuracy. By ingraining innovation into our culture SEC-wide, we will further our mission to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation,” SEC Chairman Paul S. Atkins said.

Recognizing AI’s transformative potential, the task force will coordinate agency-wide efforts to integrate AI in ways that strengthen the SEC’s mission. 

It will promote cross-agency and cross-disciplinary collaboration, streamline the AI adoption process, remove barriers to progress, and ensure strong governance. The task force will also support innovation across SEC divisions and offices, helping drive the responsible and strategic use of AI throughout the organization.

“I thank Chairman Atkins for selecting me to lead this important initiative for the agency. The AI Task Force will aim to centralize and align efforts to advance AI-enabled transformation across the entire Commission. I look forward to accelerating work already underway in the SEC’s divisions and offices to build enterprise capacity for AI innovation and implement AI solutions that are trustworthy, effective, and mission enhancing,” Ms. Szczepanik said.