SEC: Rulemaking

You have until Oct. 10th to comment on the SEC’s proposal targeting the use of artificial intelligence

You have until Oct. 10th to comment on the SEC's proposal directed at AI-related technology and conflicts involving IAs and B-Ds

Firms could 'neutralize' a tool’s bias in favor of the adviser by 'rendering the consideration of the firm-favorable information subordinate to investors’ interests, and thus ...

The rule amendments are effective October 2, 2023. The amendments to Forms N–1A and N–CSR are effective October 2, 2023 and the amendments to Forms ...

The SEC proposes amendments to rules that exempt certain investment advisers that provide advisory services through the internet from the prohibition on Commission registration

The Commission’s action would create two new rules—one for B-Ds and a second for advisers—plus revise each regime’s respective books and records rules to mandate ...

"We live in an historic, transformational age with regard to predictive data analytics and the use of artificial intelligence"

"Requiring firms to subject certain types of technologies to a uniquely onerous review and conflict remediation process is not technology neutral"

"It is similarly important for the SEC to build in safeguards to protect investors from the potential for harm posed by firms using new technologies ...

"If the proposal is adopted, firms that rely on the Internet Advisers Exemption—thus being regulated by the SEC rather than state securities regulators—would actually need ...