On March 18, 2024, the SEC announced—in videos posted on YouTube and Twitter—regulatory actions against two investment advisers for “AI washing,” a practice defined by the SEC as “making false artificial intelligence-related...more
3/21/2024
/ Anti-Fraud Provisions ,
Artificial Intelligence ,
Enforcement ,
Environmental Social & Governance (ESG) ,
Financial Industry Regulatory Authority (FINRA) ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investment Funds ,
NASAA ,
Registered Investment Advisors ,
Securities and Exchange Commission (SEC) ,
SIFMA
U.S. state legislatures will continue integrating requirements for profiling and automated decision-making into consumer privacy laws, reflecting the growing impact and influence of AI. All comprehensive state consumer...more
Privacy regulators, including the EU data protection authorities (EU DPAs), are expected to increase their scrutiny of data scraping to train AI algorithms. Data scraping involves the collection of large amounts of publicly...more
EU data protection authorities (DPAs) will likely start enforcing the requirements of the EU AI Act, the world’s first comprehensive AI regulation, despite the Act likely not entering into full force until 2026....more
Multinational businesses are subject to a patchwork of laws of the various jurisdictions in which they operate. Complying with the myriad rules and regulations can be challenging. Compliance obligations vary from one country...more
Originally published in Privacy & Security Law Report on January 7, 2013.
The privacy landscape in Latin America is undergoing significant changes. With the enactment or implementation of laws in Colombia, Costa Rica,...more
Originally published in Privacy & Security Law Report on December 17, 2012.
In the past several months, the privacy landscape in Asia has dramatically altered. Two countries, the Philippines and Singapore, enacted...more
More and more companies are implementing due diligence processes for engaging third parties. Although companies adopt these processes in order to reduce the risks of violating anti-corruption laws, such as the U.S. Foreign...more