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29 Mar 2024, 6:52 am by Unknown
In fact, Bankman-Fried moved billions of dollars in customer deposits from FTX to Alameda, and then used those funds to make investments for his own benefit, including political contributions and real estate purchases.To carry out these deceptions, Bankman-Fried directed co-conspirators to alter FTX’s computer code to allow Alameda to withdraw effectively unlimited amounts of cryptocurrency from the exchange.Former FTX co-founder Gary Wang and former Alameda CEO Caroline Ellison… [read post]
29 Mar 2024, 5:22 am by Rob Robinson
Most recently, Gary Gensler, the Chair of the Securities and Exchange Commission (SEC), raised concerns about the overreliance on AI in financial decision-making. [read post]
28 Mar 2024, 12:39 pm by Kevin LaCroix
Just as the ESG-related claims have to a significant extent involved these kinds of greenwashing claims, the AI-related claims that have emerged so far have involved a very close corollary to greenwashing – that is, what SEC Chair Gary Gensler called “AI washing,” which is the alleged effort by some firms to portray themselves or their products or services as AI-enabled, in order to burnish their AI credentials at a time when AI is of keen interest to investors. [read post]
28 Mar 2024, 6:11 am by Alexander Abramenko
In a speech before the Yale Law School February 2024, SEC Chair Gary Gensler had AI top of mind. [read post]
28 Mar 2024, 5:11 am by Unknown
Jason Howard, J.D.The SEC has voted to modernize a 22-year-old rule by adopting amendments that apply to when investment advisers who provide advisory services exclusively over the internet can register with the SEC.In July 2023, the Commission voted 5-0 to issue the internet advisers proposal and, at that time, SEC Chair Gary Gensler explained that in 2002 the SEC granted a narrow exception allowing internet-based advisers to register with the Commission instead of with the states. [read post]
28 Mar 2024, 4:00 am by Gary Burger
Gary Burger Founder | Injury Attorney Gary Burger has dedicated his career to standing up against bullies. [read post]
27 Mar 2024, 3:07 pm by Gary Burger
Gary Burger Founder | Injury Attorney Gary Burger has dedicated his career to standing up against bullies. [read post]
27 Mar 2024, 4:57 am by Andrew Lavoott Bluestone
“In this action, plaintiff Serafini Releasing, LLC (“plaintiff” or “Serafini”), a New Yarkbased film production and distribution company, originally alleged that defendant Jonathan Gray (“Gray”), an attorney, and his law firm, defendant Gray Krauss Stratford Sandler Des Rochers, LLP (“Gray Krauss”), wrongfully stole its ownership interest in a film project entitled “16 Bars” (the “Film”) and gave it to another party,… [read post]
27 Mar 2024, 4:42 am by tortsprof
In The Conversation, Tim Lytton has a piece on the demise of "the most consequential legal case against the gun industry in this country. [read post]
26 Mar 2024, 6:00 am by jonathanturley
In just those states, Libertarian Gary Johnson and the Green Party’s Stein received more than half a million votes. [read post]
25 Mar 2024, 3:16 pm by Gary Burger
Gary Burger Founder | Injury Attorney Gary Burger has dedicated his career to standing up against bullies. [read post]
25 Mar 2024, 5:00 am by Doug Cornelius
Edward Constantinescu aka Constantin 38, of Montgomery; Perry “PJ” Matlock, 38, of The Woodlands; John Rybarczyk, 32, of Spring; Dan Knight, 23, of Houston; along with Gary Deel, 28, and Tom Cooperman, 34, both of Beverly Hills, California; Stefan Hrvatin, 35, of Miami, Florida; and Mitchell Hennessey, 23, of Hoboken, New Jersey were accused of “pumping” the prices of securities by posting false and misleading information, and concealing their intent to later… [read post]
24 Mar 2024, 10:00 pm
SEC Chair Gary Gensler previously analogized “AI washing” to “greenwashing” (referring to misleading statements about how eco-friendly a company is) and cautioned businesses to ensure they are not misleading the public about their AI use. [read post]
24 Mar 2024, 10:00 pm
SEC Chair Gary Gensler previously analogized “AI washing” to “greenwashing” (referring to misleading statements about how eco-friendly a company is) and cautioned businesses to ensure they are not misleading the public about their AI use. [read post]
24 Mar 2024, 10:00 pm
SEC Chair Gary Gensler previously analogized “AI washing” to “greenwashing” (referring to misleading statements about how eco-friendly a company is) and cautioned businesses to ensure they are not misleading the public about their AI use. [read post]
24 Mar 2024, 10:00 pm
SEC Chair Gary Gensler previously analogized “AI washing” to “greenwashing” (referring to misleading statements about how eco-friendly a company is) and cautioned businesses to ensure they are not misleading the public about their AI use. [read post]
24 Mar 2024, 10:00 pm
SEC Chair Gary Gensler previously analogized “AI washing” to “greenwashing” (referring to misleading statements about how eco-friendly a company is) and cautioned businesses to ensure they are not misleading the public about their AI use. [read post]
24 Mar 2024, 10:00 pm
SEC Chair Gary Gensler previously analogized “AI washing” to “greenwashing” (referring to misleading statements about how eco-friendly a company is) and cautioned businesses to ensure they are not misleading the public about their AI use. [read post]