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SEC Director of Enforcement Warns of a 'Perfect Storm' Developing Around AI
BakerHostetler
Apr. 19, 2024 "[SEC Director of Enforcement] Gurbir Grewal warns of the risks surrounding artificial intelligence (AI) related disclosures and puts investment advisers and public companies on notice that disclosures related to AI may be necessary and must not be materially false or misleading. Grewal advocates for 'proactive compliance,' which requires education, engagement and execution. The SEC is expected to increase its enforcement efforts and scrutiny of AI-related disclosures." MORE >> |
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