- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-05-02T19:30:00
Companies developing novel artificial intelligence (AI) tools might want to think carefully before laying off ethics personnel, an attorney with the Federal Trade Commission (FTC) warned.
The agency is closely tracking company use of AI tools for possible rule violations involving deception, discrimination, excessive manipulation, or unfairness, wrote Michael Atleson, an attorney in the FTC’s Division of Advertising Practices, in a blog post Monday.
Companies are now using chatbots and generative AI tools to influence people’s behavior, beliefs, and emotions. The FTC is likely to get involved if a chatbot directs people “unfairly or deceptively” into harmful decisions regarding finances, health, education, housing, and/or employment, Atleson said.
2023-11-22T13:52:00Z By Kyle Brasseur
The Federal Trade Commission approved a measure streamlining its ability to issue civil investigative demands in investigations relating to artificial intelligence use.
2023-06-07T19:00:00Z By Jeff Dale
The Consumer Financial Protection Bureau flagged risks regarding expanded use of chatbots by financial institutions, specifically for customer service purposes.
2023-06-01T20:34:00Z By Adrianne Appel
Amazon is set to pay more than $30 million comprised of a civil penalty and consumer refunds to resolve two separate cases alleging privacy violations regarding its Alexa voice assistant service and Ring doorbell subsidiary.
2025-06-26T20:22:00Z By Oscar Gonzalez
In another sign of President Donald Trump’s focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to create proposals to consider crypto assets for a single-family home mortgage.
2025-06-24T17:21:00Z By Ruth Prickett
Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain ...
2025-06-20T14:20:00Z By Oscar Gonzalez
The U.S. Senate confirmed Olivia Trusty as commissioner for the Federal Communications Commission on Tuesday, marking a shift in agency staffing that gave commissioners nominated by President Donald Trump a majority of decision-making power. The move followed resignations of two commissioners earlier this month, each of whom had been nominated ...
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