AI Enforcement Starts with Washing: The SEC Charges its First AI Fraud Cases
Debevoise Data Blog
MARCH 18, 2024
We have previously discussed Chair Gensler’s scrutiny of AI washing and AI disclosure risk in Form ADV Part 2A filings. Descriptions of AI use should be consistent across all media, corporate and marketing communications, and regulatory filings. In this client alert, we discuss the charges and AI disclosure and compliance takeaways.
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