SEC Director of Enforcement Warns of a 'Perfect Storm' Developing AroundAI- JD Supra
JD Supra Director of Enforcement of the U.S. Securities and Exchange Commission (SEC or Commission) Gurbir Grewal warns of theriskssurroundingartificial …
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Organization · also: Securities and Exchange Commission
SEC Director of Enforcement Warns of a 'Perfect Storm' Developing AroundAI- Lexology
Director of Enforcement of the U.S. Securities and Exchange Commission (SEC or Commission) Gurbir Grewal warns of theriskssurrounding …
Beyond the Hype: The SEC's Intensified Focus onAIWashing Practices | Insights
Holland & Knight... (AI) technologies to protect investors from falling victim to "AI-washing. ...AI applications by addressing the limitations orrisksof their AI …
Segment Reporting,AI, Commercial Real Estate are Among SEC Disclosure Review ...
Thomson Reuters tax and accounting...AI and therisksrelated to its use,” he said. The rules in question require disclosure in the business section, MD&A,riskfactors section …
SEC's Grewal: General compliance principles for avoiding AI washing | Premium
Compliance Week In a speech delivered Monday at a compliance conference, Gurbir Grewal, director of the SEC's Division of Enforcement, predicted a “storm ofrisk” is …
Understanding the Risks of AI in Global Investment Strategies - elblog.pl
The revelation to the U.S. Securities and Exchange Commission (SEC) underscores the emerging phenomenon known as “AI Hallucination,” where AI can …
Remarks at Program on Corporate Compliance and Enforcement Spring Conference 2024
SEC.gov So looking ahead, where do we see potentialrisk? Every day, we see revolutionary technological advancements inartificial intelligence, or AI, that …
Key Takeaways from SEC Speaks 2024 Event | Paul Hastings LLP - JDSupra
JD Supra Risk areas of note ... Artificial Intelligence (AI): Ms. Horton explain AI risksneed to be mitigated by controls. Specifically, she explained that …
Key Takeaways from SEC Speaks 2024 Event - Lexology
Lack of updates for patching. Risk areas of note. Artificial Intelligence (AI): Ms. Horton explain AI risksneed to be mitigated by controls …
2024 Expectations From the SEC:AI, Cybersecurity, ESG - FTI Consulting
It is crucial to develop and periodically review written policies for AI governance and related regulatoryrisksand assess existing policies on …
CybersecurityRegulation & PolicyGovernance & Risk Management
The growing regulatoryriskaroundAI- The TRADE
The TRADEThe Securities and Exchange Commission (SEC) this month fined two investment advisers for “artificial intelligence(AI) washing,” otherwise known as …
SEC Chair Speech HighlightsAIDisclosure Concerns - The National Law Review
In contrast to these “inherentrisks,” Chair Gensler also devoted a portion of his speech to cautioning against “AI washing.” Much like the “ …
Recent Gensler Speech Highlights SEC's Two-FoldAIDisclosure Concerns - Lexology
In a speech before the Yale Law School February 2024, SEC Chair Gary Gensler had AI top of mind. Interrupted only by a colorful collection of …
AIWashing: SEC Enforcement Actions Underscore the Need for Companies to Stick to the ... - Orrick
Issuers or advisers must ensure they have a reasonable basis for the claims they make about their AI use, the specificrisksthey face and, …
SEC Targets “AIWashing” in First of Its Kind Enforcement Matters | Advisories
Arnold & Porter If a company is raising money from the public, though, it needs to be truthful about its use of AI and associatedrisk.” Gensler further cautioned …
What is 'AI washing?' Companies pay $400K to SEC for inflated claims - SC Magazine
...AI/ML, Governance,Riskand Compliance,AI benefits/risks. What is 'AI washing?' Companies pay $400K to SEC for inflated claims. Laura French March …
AIEnforcement Starts with Washing: The SEC Charges its FirstAIFraud Cases | 03 | 2024
Debevoise & Plimpton LLPRisk Assessments. For high-risk AI systems, consider conducting impact assessments to determine foreseeablerisksand how best to mitigate thoserisks …
SEC Charges Investment Advisors for 'AIWashing' - Decrypt
An advisor lying about using AI is like ”recommending investments theyhallucinatedwhile on mushrooms,” says SEC head Gary Gensler …
Chair Gary Gensler onAIWashing - SEC.gov
...risksthey face about their AI use, and investors should be told that basis.AI washing, whether it's by financial intermediaries such as …
Delphia, Global Predictions fined by SEC in 'AI washing' cases - Compliance Week
Gurbir Grewal · Regulatory Enforcement · Risk Management · SEC · Securities and ... Privacy by design a silver bullet for stemming AI risks? Mar 15, …
Regulation & PolicyPrivacy & SurveillanceGovernance & Risk Management
SEC's Gensler spars with Investment Adviser Association over AI proposal
Pensions & Investments In a lengthy back-and-forth, Barr said that while there are emergingriskswith AI, the SEC proposal addresses all technologies more broadly. Also …
Pentagon Leak Suspect Jack Teixeira Expected to Plead Guilty in Federal Case
The SEC filed charges against Solar Winds and its CISO over misleading investors about its cybersecurity practices and known risks. ...AI Risk Summit …
Military & DefenseGovernment & Public SectorCybersecurityMarkets & Investment
Understanding SEC's Focus Amid Lack of FinalAIRules | Insights
Skadden, Arps, Slate, Meagher & Flom LLPIn the absence of final AI rules, the SEC's efforts indicate that it may use existing regulatory provisions to addressAI-relatedrisks …
ANALYSIS: CanAISolve ESG's Data Problem? - Bloomberg Law News
...AI's risks. A closer look at SEC filings in the context of ESG shows how AI could affect ESG data collection and disclosure. This is important …
DOJ and SEC Officials Issue Harsh Warnings Concerning the Misuse ofAI- JD Supra
JD Supra...AI'spotentialrisks. Likening the use of AI in criminal activity to that of firearms, she stated that AI technology enhances thedangerof …
FCC ruling determines AI calls are subject to TCPA regulations - JD Supra
Latest Posts · California DFPI proposes new regulations under the Debt Collection Licensing Act · SEC Chair Gensler weighs in on AI risksand SEC's …
FFIEC releases statement on examination principles related to discrimination and bias in ...
JD Supra... risk management, valuation review, credit risk review, and training programs. ... SEC Chair Gensler weighs in on AI risksand SEC's positioning …
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SEC Chair Gensler weighs in on AI risksand SEC's positioning - JD Supra
On February 13, SEC Chair Gary Gensler delivered a speech, “AI, Finance, Movies, and the Law” before the Yale Law School. In his speech, Gensler …
SEC Chairman Warns Against 'AIWashing' in the Financial Industry - The Global Treasurer
As AI continues to revolutionize various aspects of finance, fromriskmanagement to trading strategies, the allure of AI for investors is undeniable …
For Gensler, Financial Risks Lie Where Banks and Non-Banks Meet - Bloomberg.com
Gary Gensler is midway through his tenure leading the US Securities and Exchange Commission through a shakeup of financial markets and middlemen, …