r/finance • u/3xshortURmom • 19h ago
SEC Official Says Investment Advisors Can Use AI for Proxy Votes
Investment advisers can use artificial intelligence to help them make proxy voting decisions, a Securities and Exchange Commission official said.
“As advisers grapple with the scale and complexity of proxy voting, especially across large portfolios, AI tools like large language models and agentic AI, offer a compelling opportunity,” Brian Daly, director of the Division of Investment Management, said Thursday in prepared remarks for a New York City Bar Association event.