Let $y = \sin^{-1} x$. Differentiating with respect to $x$ yields:
\[
\frac{dy}{dx} = \frac{1}{\sqrt{1 - x^2}}
\]
Differentiating a second time with respect to $x$ produces:
\[
\frac{d^2y}{dx^2} = \frac{-x}{(1 - x^2)^{3/2}}
\]
Multiplying by $(1 - x^2)$ yields the result:
\[
(1 - x^2) \frac{d^2y}{dx^2} = -x^2 \frac{dy}{dx}
\]
Therefore, the result is $-x^2 \frac{dy}{dx}$.