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AI Transcripts and Investment Advisers: Embracing Technology While Meeting SEC Requirements

There has been a boom recently regarding investment advisers’ use of artificial intelligence (“AI”) to transcribe client and internal meetings. Among other applications, AI features such as Zoom AI Companion, Microsoft...more

$6.5 Million Texting Penalty: Investment Adviser Charged by SEC for Recordkeeping Failures

On April 3, 2024, the Securities and Exchange Commission announced charges against a registered investment adviser for recordkeeping failures regarding personal device communications and pre-clearance of securities...more

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