SEC Probes Investment Advisers' Use of AI

Current Admin = EA ... "'The speed of SEC rule-making has created difficulties for firms. The IAA said the SEC should take a step back from that proposal and work with the industry. “The pace of the rule-making and the complexity of the proposals and how they may interact with each other puts a large burden on the compliance department to be able to practice in a way that is coherent,” Ropes & Gray’s Longo said.' "