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Consumer Protection Act Risk Management

Jones Day

Colorado Enacts AI Consumer Protection Legislation

Jones Day on

On May 17, 2024, Colorado enacted S.B. 24-205 (the "Act"), which imposes a duty of reasonable care on developers and deployers of high-risk artificial intelligence ("AI") systems to protect consumers from risks of algorithmic...more

Cozen O'Connor

Utah to Require Disclosure of Artificial Intelligence

Cozen O'Connor on

As of May 1, Utah has joined the expanding patchwork of states with laws specifically targeting artificial intelligence (AI) systems. The Utah Artificial Intelligence Policy Act (UAIPA), signed into law in March of this year,...more

Nutter McClennen & Fish LLP

Fintech in Brief: FSOC Issues 2018 Annual Report

On December 19, 2018, the Financial Stability Oversight Council (the “FSOC”) released its 2018 Annual Report (the “Report”). The FSOC was established by the Dodd-Frank Wall Street Reform and Consumer Protection Act to...more

Nossaman LLP

Do Dodd-Frank's Stress Testing Results Hold Hidden Risks?

Nossaman LLP on

While the recent Dodd-Frank stress test results of the nation's 30 biggest banks might seem reassuring, prudent policy makers and practitioners should be wary. Like airport security, many are asking, ‘‘Are we safer?''. ...more

King & Spalding

Federal Reserve Board Releases Proposed Rules to Strengthen the Oversight of U.S. Operations of Foreign Banks

King & Spalding on

The Federal Reserve Board last month proposed new rules intended to strengthen the oversight of U.S. operations of foreign banks. The proposal implements provisions of the Dodd-Frank Wall Street Reform and Consumer Protection...more

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