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4 Aug 2024, 9:05 pm by renholding
For the last two years, the SEC under Chairman Gary Gensler has labored mightily to adopt new rules on climate change disclosures that would require, among other things, that large public companies disclose their carbon emissions.[1] The SEC’s premise here was both that investors wanted such information and that such disclosures might embarrass those public corporations forced to disclose the highest level of GHG emissions. [read post]
3 Aug 2024, 3:55 am by Rob Robinson
News Source China ponders creating a national ‘cyberspace ID’ China rolls out strict new measures for government sector to protect state secrets China: Revised State Secrets Law Tightens Data Security China details expanded law on state secrets, eyeing data security Encrypted privacy for the public’s safety Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s Private Communications Evolve Bank Cyberattack… [read post]
30 Jul 2024, 9:01 pm by renholding
[3] See Securities and Exchange Commission, “IM Guidance Update” (March 2016), available at https://www.sec.gov/investment/im-guidance-2016-03.pdf [4] See United States Federal Register, “Small Business Investment Company Investment Diversification and Growth; Technical Amendments and Clarifications” (January 2024), available at… [read post]
28 Jul 2024, 5:19 am by Rob Robinson
News Source What Advertisers Should Do Now: Google Reverses Decision To Eliminate Third-Party Cookies Google’s plan to turn off third-party cookies in Chrome is dying In reversal, Google keeps third-party cookies in Chrome browser  Google Confirms Bad News For 3 Billion Chrome Users Google cancels plans to kill off cookies for advertisers Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s Private… [read post]
24 Jul 2024, 3:29 am by Rob Robinson
Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s Private Communications Evolve Bank Cyberattack Exposes Sensitive Data, Impacts Fintech Partners Wise and Affirm Source: ComplexDiscovery OÜ The post FTC Launches Probe into Surveillance Pricing Practices Targeting Eight Major Firms appeared first on ComplexDiscovery. [read post]
22 Jul 2024, 8:02 am by Kevin LaCroix
When SEC Chair Gary Gensler expressed concerns last December about the possibility of reporting companies engaging in “AI-washing,” he was referring company disclosures that overstate or mislead investors as to their true AI capabilities or the extent to which the company has incorporated AI into their operations or products. [read post]
19 Jul 2024, 6:31 am
SEC Chair Gary Gensler has been outspoken regarding the Commission’s intent to combat AI washing – falsely claiming the use of AI or machine learning models or misrepresenting their application. [read post]
19 Jul 2024, 6:31 am
SEC Chair Gary Gensler has been outspoken regarding the Commission’s intent to combat AI washing – falsely claiming the use of AI or machine learning models or misrepresenting their application. [read post]
16 Jul 2024, 6:50 am by Rob Robinson
News Source Law firm Milberg skirts sanctions over fake claims in credit card fees case US judge’s financial conflict leads to revived lawsuit against big banks Engineering firms to pay $26.5 mln to exit antitrust lawsuit over wages Judge delays ban on noncompete agreements for small number of employers  Appeals Court: Students Can Sue Over Fake College ICE Set Up Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary… [read post]
14 Jul 2024, 12:00 pm by DLA Piper LLP
 According to SEC Chair Gary Gensler in his statement supporting the Proposed Rule, “[s]uch harmonization would help reduce the risk of terrorists and other criminals accessing U.S. financial markets by using investment advisers to launder money, finance terrorism, or move funds for other illicit purposes. [read post]
12 Jul 2024, 4:34 am by Rob Robinson
News Sources Sackler Family Risks Litigation After Supreme Court Rejects Purdue Pharma Settlement CMS moves to patch $3 billion fraud problem Judge won’t block Mississippi law on discounts for hospitals’ contract pharmacies AbbVie asks US Supreme Court to weigh protections for attorney records Purdue creditors seek approval to sue Sackler family members Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary Gensler’s… [read post]
11 Jul 2024, 1:36 pm by Rob Robinson
News Sources Coinbase Attorney Claims Gary Gensler’s Email is Crucial Evidence in SEC Lawsuit Coinbase Fights to Access Documents Related to Gensler’s Private Communication Coinbase argues Gary Gensler’s email is ‘appropriate source of discovery’ in SEC lawsuit Coinbase continues to fight for access to Gensler’s private emails Coinbase Intensifies Battle for Access to Gensler’s Private Emails… [read post]
10 Jul 2024, 5:06 am by Rob Robinson
News Sources Justice Department probe of the rental industry has an Atlanta connection Looking for a fight: Tenants, union and Jersey City are taking on rent-hiking algorithm RealPage Bhalla Administration Drops Suit Over ‘Unconscionable’ Rent Hikes Zillow and RealPage Face Legal Challenges Amid Antitrust Concerns FBI issues alert on scam Mexican cartels use to con older Americans Assisted by GAI and LLM Technologies Additional Reading Coinbase Battles SEC Over Access to Gary… [read post]
9 Jul 2024, 11:13 am by Rob Robinson
This case, rooted in Coinbase’s demand for access to SEC Chair Gary Gensler’s private communications, has far-reaching implications for the future of digital asset regulation. [read post]
4 Jul 2024, 9:01 pm by renholding
This statement was issued on July 1, 2024, by Gary Gensler, chair of the U.S Securities and Exchange Commission, in Washington, D.C. [read post]
3 Jul 2024, 1:25 pm by Sabrina I. Pacifici
  “I’m pleased that these updates will improve our website’s compliance with federal standards,” said SEC Chair Gary Gensler. [read post]
28 Jun 2024, 6:30 am
Snyder, and Matt Kelly, Debevoise & Plimpton LLP, on Wednesday, June 26, 2024 Tags: AI Washing, Artificial intelligence, Gary Gensler, SEC Publicly Traded Public Benefit Corporations: An Empirical Investigation Posted by Jens Dammann (University of Texas), on Wednesday, June 26, 2024 Tags: ESG, PBC, Public benefit corporations, Shareholders, SPAC DEI Metrics in Executive Compensation Posted by Umesh Chandra Tiwari, ESGAUGE, on Wednesday, June 26, 2024 Tags: dei, ESG,… [read post]