The Securities and Exchange Commission (SEC) has sent clear signals that it will pursue companies for “AI washing” — touting the use of artificial intelligence in ways that are false or misleading. The SEC has imposed fines...more
5/9/2024
/ Artificial Intelligence ,
DNA ,
Enforcement ,
Environmental Social & Governance (ESG) ,
False Statements ,
Investment ,
Investment Advisers Act of 1940 ,
Misleading Statements ,
Policies and Procedures ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Websites
The North American Securities Administrators Association (NASAA), a non-governmental organization that recommends securities regulations for state adoption, has published proposed rules that would limit the ability of...more