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."
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An online credit management company agreed to pay $3,000,000 to settle FTC charges for misrepresentations made in marketing third-party financial products to consumers.
The FTC requested comment on a preliminary draft of the agency's Strategic Plan for fiscal years 2022 to 2026.
An FTC final rule amending requirements that allow a consumer to prohibit the use of certain information obtained from affiliates for customer solicitation was published in the Federal Register.
The FTC approved eight new compulsory process resolutions intended to improve the efficiency of the agency's enforcement efforts.