Sebi mulls guiding principle for responsible usage of AI, ML in securities markets

Sebi on Friday proposed guiding principles for responsible usage of Artificial Intelligence (AI) and Machine Learning (ML) applications in securities markets to safeguard investors and market integrity.

Also, the regulator has proposed that a “regulatory lite” framework may be adopted for usage of AI/ML in the securities market for any purpose other than for business operations that may directly impact their customers.

The proposed “guiding principles are intended to optimise benefits and minimise potential risks associated with integration of…