L-R: Sabrina Galli, Benjamin Daniels, and Jen Driscoll of Robinson & Cole. Courtesy photos SEC's Crackdown on AI Washing Has Broad Implications
The SEC has now announced that it has settled its first enforcement actions involving AI. Two investment advisors recently agreed to pay civil fines to the SEC for misstatements about AI technology. This signals a new era of SEC enforcement.
May 10, 2024 at 10:00 AM
7 minute read
Artificial intelligence (AI) is everywhere, and the U.S. Securities and Exchange Commission (SEC) is making sure companies do not exaggerate their AI capabilities.
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