What Happened? On June 12, 2025, the New York State legislature passed the Responsible AI Safety and Education (RAISE) Act, which awaits Governor Kathy Hochul’s signature or veto. The RAISE Act addresses developers of...more
What Happened? As the Trump Administration’s deregulatory, pro-innovation approach to emerging technology moves forward, the use of artificial intelligence has taken center stage, and it is clear that the Administration...more
5/29/2025
/ Artificial Intelligence ,
Compliance ,
Data Collection ,
Emerging Technologies ,
Information Governance ,
Machine Learning ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
Third-Party Risk ,
Trump Administration
What Happened? Last week the CFPB issued an Order recognizing the Financial Data Exchange, Inc. (“FDX”) as the first standard setting body (“SSO”) under the CFPB’s Personal Financial Data Rights Rule (the “Rule”). The Rule...more