SEC: Delphia and Global Predictions (AI washing) securities case
Regulator
US Securities and Exchange Commission
acted against
Against
DelphiaGlobal Predictions
The SEC's first AI washing cases: two investment advisers claimed to use AI in ways they did not.
The case
- Regulator
- US Securities and Exchange Commission
- Decided
- Mar 18, 2024
- Status
- Settled
- Outcome
- The two advisers paid $400,000 in total civil penalties.
- Amount
- $400,000
History
1 dated entrySEC: Delphia and Global Predictions (AI washing)Source
Related cases
Caption and links
In re Delphia (USA) Inc.; In re Global Predictions Inc.