Revisiting Financial Institution Incentive Compensation Rules Under Dodd-Frank — The Consumer Finance Podcast
As generative artificial intelligence continues to revolutionize business operations across industries, it has become imperative for companies to establish robust internal policies governing its use by employees. This alert...more
“In assessing a generative AI product, it is critical to understand issues of data ownership and privacy. This cumbersome task is necessary to learn how the AI platform will use data, if the data shared is entering an open or...more
Trade secrets have become a de facto intellectual property right for securing valuable artificial intelligence information. Despite regulatory trends toward greater transparency of AI models, federal policy acknowledges,...more
President Biden’s recent executive order (EO) to manage risks associated with artificial intelligence (AI) is intended to establish new standards governing AI safety, security, and privacy concerns while promoting innovation...more
Editor’s Note: The integration of artificial intelligence into legal services stands poised to profoundly impact cybersecurity, information governance, eDiscovery, and the broader data landscape. As this article explores,...more
A first-of-its-kind executive order issued October 2023 already has the voluntary commitment of several major technology companies — here’s why. Just last week, President Joe Biden signed a new, first-of-its-kind AI...more
The federal banking agencies have jointly issued a final rule that will modify how examiners assess compliance with the Community Reinvestment Act (CRA). Among other changes to the CRA regulations announced on October 24, the...more
Over the span of five months in 2021, our team published a series of articles on how to implement the five core functions of the National Institute of Standards and Technology (NIST) Privacy Framework. We wrote an initial...more
The Federal Trade Commission has issued an update to the Safeguards Rule that imposes a duty on financial institutions to protect consumer information they collect in the process of providing financial services. In an...more