Jonathan R. Tuttle – Debevoise Data Blog

Artificial Intelligence

AI Enforcement Starts with Washing: The SEC Charges its First AI Fraud Cases

By: Andrew J. Ceresney, Charu Chandrasekhar, Avi Gesser, Arian June, Robert B. Kaplan, Julie M. Riewe, Jeff Robins, Kristin Snyder, Jonathan R. Tuttle, James Amler, Phil Fortino, Matt Kelly, Anna Moody, Stephan J. Schlegelmilch, Gabriel Kohan and Corey Goldstein March 19, 2024

On March 18, 2024, the U.S. Securities and Exchange Commission (“SEC”) announced settled charges against two investment advisers, Delphia (USA) Inc. (“Delphia”) and Global Predictions Inc. (“Global Predictions”) for making…

Hackers Turned Whistleblowers: SEC Cybersecurity Rules Weaponized Over Ransom Threat

By: Andrew J. Ceresney, Charu Chandrasekhar, Luke Dembosky, Avi Gesser, Matthew Kaplan, Erez Liebermann, Benjamin R. Pedersen, Steven J. Slutzky, Jonathan R. Tuttle, Matt Kelly and Kelly Donoghue November 20, 2023

On November 7, 2023, the profilic ransomware group AlphV (a/k/a “BlackCat”) reportedly breached software company MeridianLink’s information systems, exfiltrated data and demanded payment in exchange for not publicly releasing the…

The SEC’s New Risk Alert Warns about the Use of Alternative Data

By: Andrew J. Ceresney, Avi Gesser, Julie M. Riewe, Kristin Snyder, Jonathan R. Tuttle, Charu Chandrasekhar and Mengyi Xu May 2, 2022

On April 26, 2022, the Division of Examinations (“EXAMS”) of the Securities and Exchange Commission (the “SEC”) issued a Risk Alert titled “Investment Adviser MNPI Compliance Issues” (“Risk Alert”) on…