As the use of Artificial Intelligence (AI) continues to rise, investment advisers are eager to take advantage of its many benefits. At the same time, regulators have begun to act, with new proposed rules and AI-related questions on SEC Exams. Please join us for our webinar with Fairview on Wednesday, January 31 at 12:00 p.m. EST. The webinar will cover the basics of AI, regulatory considerations, and takeaways for advisers interested in using AI.

The webinar will feature:

Amber Allen, Fairview General Counsel and EVP; President of Fairview Cyber

Frank Watson, Founder of Fairview

Tom Steed, Partner, Kilpatrick

Josh Breen, Senior Associate, Kilpatrick

For background:

In July 2023, the SEC proposed new rules that would require broker-dealers and investment advisers to take steps to mitigate conflicts of interest between the firm and its clients that result from the firm’s usage of predictive data analytics and similar technologies (“covered technologies”). The SEC states a “covered technology” includes a broker-dealer or investment adviser's “use of analytical, technological, or computational functions algorithms, models, correlation matrices, or similar methods or processes that optimize, predict, guide, forecast, or direct investment-related behaviors or outcomes of an investor.” Even though the rule has not yet been finalized, AI-related questions are already being included on SEC Exams.