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
securities and exchange commission
Posted inWhistleblowers
Foot Locker agrees to pay SEC $148K for allegedly tying severance to future whistleblower silence
Foot Locker agreed to pay the SEC $148,000 after requiring departing employees to waive their right to seek the commission’s whistleblower awards as a condition of receiving severance.
