NewsSEC Charges two investment advisers with making false & misleading statements about use of AI

March 19, 2024by 0

PRESS RELEASE
SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence
Washington D.C., March 18, 2024 — The Securities and Exchange Commission today announced 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 (AI). The firms agreed to settle the SEC’s charges and pay $400,000 in …

The post SEC Charges two investment advisers with making false & misleading statements about use of AI appeared first on The Loadstar.

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