SEC Enforcement Director Gurbir Grewal Discusses AI Washing Enforcement Cases
Publish Date
March 18, 2024
Video Running Time
2:23
The SEC settled charges against two investment advisers, Delphia (USA) Inc. and Global Predictions Inc., for making false and misleading statements about their purported use of artificial intelligence. The firms agreed to settle the SEC’s charges and pay $400,000 in total civil penalties.