Advancements in artificial intelligence (AI) continue to reshape the financial services industry, with the growing popularity of generative Al (GenAl) tools prompting increased attention from US regulators. At the end of...more
2/7/2025
/ Algorithms ,
Artificial Intelligence ,
CFTC ,
Commodity Exchange Act (CEA) ,
Compliance ,
Data Security ,
Financial Services Industry ,
FinTech ,
Machine Learning ,
NIST ,
Regulatory Requirements ,
Risk Management
Every year, Mintz provides analysis of the regulatory developments that impact public companies as they prepare for their fiscal year-end filings with the Securities and Exchange Commission and their annual shareholder...more
Pursuant to President Biden’s October 2023 AI executive order, the US Department of Treasury (Treasury) released a report on cybersecurity risks in the financial services sector in March 2024.
While recognizing the...more
4/5/2024
/ Artificial Intelligence ,
Cyber Attacks ,
Cyber Threats ,
Cybersecurity ,
Executive Orders ,
Financial Institutions ,
Fraud ,
Malware ,
Risk Assessment ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury ,
Vulnerability Assessments
Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies.
This issue covers recent statements by US Securities and Exchange Commission...more
My last note touched on a recent SEC rule proposal regarding Predictive Data Analytics, and a speech by Chair Gary Gensler highlighting a number of AI-related concerns. The SEC’s interest in the use of AI does not appear...more
The U.S. Securities & Exchange Commission (“SEC”) is highly focused on regulating the use of artificial intelligence (“AI”) by financial services providers. A recent Mintz client alert discussed newly proposed rules for...more
10/2/2023
/ Artificial Intelligence ,
Bias ,
Broker-Dealer ,
Conflicts of Interest ,
Data Privacy ,
Enforcement ,
Intellectual Property Protection ,
Investment Adviser ,
Predictive Analytics ,
Proposed Rules ,
Securities and Exchange Commission (SEC)
Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. The accelerating advances in artificial intelligence (“AI”) and the practical,...more
9/29/2023
/ Algorithms ,
Artificial Intelligence ,
Bias ,
Broker-Dealer ,
Conflicts of Interest ,
Data Privacy ,
Enforcement Actions ,
Financial Promotions ,
Financial Stability Acts ,
Intellectual Property Protection ,
Investment Adviser ,
Predictive Analytics ,
Private Funds ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)