The US Securities and Exchange Commission (“SEC”) recently finalized sweeping new rules for private fund advisers (the “PFA Rules”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). The PFA Rules...more
10/9/2023
/ Audits ,
Clawbacks ,
Compliance ,
Custody Rule ,
Exempt Reporting Advisers (ERAs) ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Investors ,
Policies and Procedures ,
Private Funds ,
Quarterly Report ,
Securities and Exchange Commission (SEC) ,
Transparency ,
Unregistered Brokers
The U.S. Securities & Exchange Commission (“SEC”) is highly focused on regulating the use of artificial intelligence (“AI”) by financial services providers. A recent Mintz client alert discussed newly proposed rules for...more
10/2/2023
/ Artificial Intelligence ,
Bias ,
Broker-Dealer ,
Conflicts of Interest ,
Data Privacy ,
Enforcement ,
Intellectual Property Protection ,
Investment Adviser ,
Predictive Analytics ,
Proposed Rules ,
Securities and Exchange Commission (SEC)
Welcome to this week’s issue of AI: The Washington Report, a joint undertaking of Mintz and its government affairs affiliate, ML Strategies. The accelerating advances in artificial intelligence (“AI”) and the practical,...more
9/29/2023
/ Algorithms ,
Artificial Intelligence ,
Bias ,
Broker-Dealer ,
Conflicts of Interest ,
Data Privacy ,
Enforcement Actions ,
Financial Promotions ,
Financial Stability Acts ,
Intellectual Property Protection ,
Investment Adviser ,
Predictive Analytics ,
Private Funds ,
Regulatory Agenda ,
Securities and Exchange Commission (SEC)
The U.S. Securities & Exchange Commission (“SEC”) recently found that an investment adviser mischaracterized its integration of Environmental, Social, and Governance (“ESG”) factors into research and investment...more