SEC Fines Two Investment Firms for “AI Washing”

Chair Gensler says advisors should not claim to use AI when they do not. The Securities and Exchange Commission  (SEC) fined two investment companies a combined $400,000 for…

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FTC to Hold Advisory Group Meeting to Prevent Scams Against Seniors

Government and private sector officials will discuss effective scam prevention methods in the meeting. The Federal Trade Commission (FTC) announced an online meeting of the Scams Against Older…

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10 States Join FTC Suit Against “Sham” Cancer Charity

The organization raised over $18 million over 5 years only providing 1 percent to cancer patients. This week, ten states joined the Federal Trade Commission in suing the…

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FCC Enhances Partnership with UK on Robocalls and Privacy

The partnership’s focus addresses risks from cyber criminals. The Federal Communications Commission (FCC) and the United Kingdom’s Information Commissioner’s Office (ICO) have formally partnered to safeguard consumer privacy…

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CISA Opens Zero Trust Cybersecurity Office

The entity will offer training and resources for other federal agencies. The Cybersecurity and Infrastructure Security Agency (CISA) launched the Zero Trust Initiative Office last week, expanding cybersecurity…

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FTC Proposes Ban on Individual AI Impersonation as Fraud Concerns Rise

The agency is also looking to strengthen its enforcement against scammers. The Federal Trade Commission (FTC) has requested public feedback on a proposed rule that would prohibit individual…

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FCC Outlaws AI-Voiced Robocalls

 Immediately updates policy after fake Biden voice called New Hampshire voters The Federal Communications Commission (FCC) voted unanimously to outlaw robocalls that feature fake voices created by artificial…

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DOT Supports FTC Protections Against Predatory Towing

The department urged the FTC to implement additional restrictions curbing junk fees. The Department of Transportation expressed support for policies banning junk fees, especially with regard to the…

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FTC Delays Implementation of CARS Rule Amid Legal Challenge

Industry groups had requested a stay of the rule during litigation. The Federal Trade Commission (FTC) has delayed the implementation of the Combatting Auto Retail Scams (CARS) Rule…

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White House “Swatted” with False Fire Call

Anonymous call falsely mobilizes law enforcement, which is a growing trend. The White House became the latest victim of the increasing practice of “swatting” on Monday when an…

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