U.S. President Joseph R. Biden issued an Executive Order authorizing the Attorney General to take actions to prevent the transfer of Americans’ personal data to countries of concern.
News & Insights
The White House announced that federal agencies completed their ninety day directives set out in President Joseph R. Biden's "Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence."
In a jointly issued investor alert, the SEC Office of Investor Education and Advocacy, the North American Securities Administrators Association and FINRA warned investors of the increased risks of fraud involving "the purported use of artificial intelligence and other emerging technologies."
The CFPB proposed revisions to overdraft lending rules to ensure that consumer credit protections apply to overdraft credit provided by very large financial institutions. The CFPB stated that the proposal would save consumers "billions each year in junk fees."
The North American Securities Administrators Association introduced the Investment Adviser Representative Exam Validity Extension Program.