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April 30, 2024
|6 min read
SEC Targets “AI Washing” by Companies, Investment Advisers, and Broker-Dealers
With consumer and investor interest in artificial intelligence (AI) surging, there has been heightened concern among regulatory agencies, including the
Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC), with companies engaging in a deceptive practice the FTC and SEC have
dubbed “AI washing.”
Federal Trade Commission (FTC) and the Securities and Exchange Commission (SEC), with companies engaging in a deceptive practice the FTC and SEC have
dubbed “AI washing.”