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Comment by Paul Atkins
Chairman of the U.S. Securities and Exchange Commission (SEC), former SEC Commissioner
Algorithmic detection of possible misconduct should not and cannot supplant the considered judgment of our commissioners and staff, nor can it serve as the sole basis of an SEC enforcement action.
AI Verified
source
(2026)
20d ago
Policy proposals and claims
Verification History
AI Verified
Verified via WebSearch (SEC.gov blocked WebFetch with 403). Confirmed that SEC Chairman Paul S. Atkins delivered these remarks at the Financial Stability Oversight Council's Artificial Intelligence Innovation Series Roundtable on March 4, 2026. The exact quote "Algorithmic detection of possible misconduct should not and cannot supplant the considered judgment of our commissioners and staff, nor can it serve as the sole basis of an SEC enforcement action" is confirmed from multiple legal commentary sources (Goodwin, Public Company Advisory Blog, Mondaq, Lexology) referencing the speech. Author attribution is correct (Paul Atkins, SEC Chairman). Year 2026 is correct. The quote expresses a clear stance that AI/algorithmic systems should not replace human judgment in high-stakes decisions, which aligns with a "for" vote on the statement about requiring human oversight for AI in consequential decision-making. Source URL is the primary/authoritative source (SEC.gov official speech transcript).
·
Hector Perez Arenas
claude-opus-4-6
· 19d ago
replying to Paul Atkins