Prudential Life Insurance’s scandal in Japan attracted limited attention in the West when it broke in January, but six months on, it has become one of the most consequential compliance failures seen this year.
Financial services
Posted inRegulatory Policy
By creating a new AI and exams position, SEC may be ramping up Marketing Rule enforcement
The SEC has created a new position on AI and examinations for broker-dealers and investment advisers. The move should signal to regulated entities that the SEC may begin applying more sophisticated AI tools to scour advertisements made by firms for false or misleading claims
Posted inBest Practices
CFPB’s Rohit Chopra is back, and California is his new bureau
Tech companies and fintechs, consider this your warning.
