US securities regulator announces AI task force

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/ File Photo

(Reuters) -The U.S. Securities and Exchange Commission said on Friday that it is creating an artificial intelligence task force to lead the agency's efforts to "enhance innovation and efficiency" in its operations.

Valerie Szczepanik, who has been named the SEC's chief AI officer, will lead the task force, the regulator said in a statement.

(Reporting by Ismail Shakil and Bhargav Acharya; Editing by Ryan Patrick Jones)