To Chat GPT or not to Chat GPT? That is the question…faced by every financial professional.
Over the last few years, the use of AI within the financial services industry has sparked debate…and quite a few compliance concerns.
And the regulators are taking note.
In fact, the SEC emphasized the importance of compliance in AI usage, charging two firms a collective $400,000 in fines for making false statements about their use of artificial intelligence to investors.
These charges underscore just how important it is for firms who wish to leverage AI technology to understand the regulatory challenges involved and take proper care to stay compliant.
Download our new guide for insight into how AI can be helpful for firms and their personnel, and the potential risks involved, as well as six common compliance questions about AI.