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United States - Securities - Government & Regulatory Litigation Update

In March, the U.S. Securities and Exchange Commission (SEC) settled a pair of enforcement actions against investment advisory firms that the SEC says misled investors about their use of artificial intelligence (AI). ....

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The SEC Cracks Down on "AI Washing" | Kohrman Jackson & Krantz LLP

The SEC Cracks Down on "AI Washing" | Kohrman Jackson & Krantz LLP
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Are boards overseeing AI? | Cooley LLP

Are boards overseeing AI? | Cooley LLP
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SEC Warns Individual Actors of Potential Liability for AI-Related Security Risk Disclosure Failures | White & Case LLP

Over the past few months, the Securities and Exchange Commission (the "SEC") has issued several warnings to companies to ensure accurate disclosure of the role and risks of artificial. ....

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Securities And Exchange Commission Brings First Enforcement Actions Over

On March 18, 2024 the SEC announced that it had settled charges in separate actions against two investment advisers, Delphia (USA) Inc. and Global Predictions, Inc. for making false or misleading statements regarding their use of AI. ....

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