Here is what AI had to say about Chair Gensler's remarks when prompted:

1. **Describe in good detail any problems that the Speaker identifies.**
   - The speaker identifies the problem of "AI washing," where investment advisers, broker dealers, and public companies may falsely claim to use AI technology to attract investors or enhance stock prices. This includes misleading statements about using AI models or exaggerating the extent to which AI is integrated into their…

If the SEC is in the market for a theme song, .

There are a good number of reasons to believe that the Associations' legal challenges to the new "Dealer Rule" rule will be successful. These reasons include those set forth in the Complaint: absence of statutory authority, failure to properly consider costs, claims of benefits that cannot be proved and inadequate time to comply. (These and others are described in some detail in a recent on the subject. Note: stay tuned for an update.)

Perhaps the most fundamental weakness of the…

FDIC Vice Chairman Travis Hill pointed out a number of policy tensions that exist with respect to banks that are in financial trouble. Underlying them, there may be an unsolvable dilemma. Banks are required to make honest public disclosure of their financial condition for the benefit of their depositors (at least those whose deposits are not fully insured) and for the benefit of the holders of their securities (or of the securities of their parent companies).  But an honest…