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Author: Adria Hunter

two parallel train tracks

SEC Takes Two-Track Approach to Private Assets

two parallel train tracks

For about $100 and two hours of multiple-choice questions, the average Joe could soon qualify to buy into private offerings. That is the premise of a FINRA-developed accredited investor exam the SEC is now considering. Anybody 18 or older c...

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AI Guardrails Are the New Black

guardrail lining a busy road

One of OpenAI’s research models recently wrote itself a note to stop following the rules. Another autonomously uploaded files to the internet so it could cite them later as evidence. OpenAI disclosed both episodes and four others in an unse...

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The SEC’s Five Deregulatory Moves in September

fall leaves and a cup of pumpkin spice latte

When the morning air gets brisk and the calendar turns to September, we can rely on certain rites of fall: pumpkin spice anything, football season, and a flurry of enforcement activity at the SEC. But this year, something’s different. Inste...

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AI Borrowing Goes to Plaid

power transmission towers in fog

An AI researcher let it slip last week that the technology we’re all embracing could wipe out humanity in the next decade. Bright side: if that came to pass, it would render any concerns expressed in this blog post largely moot. If you want...

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Five Compliance Lessons From the NBA’s Penalty Against the Los Angeles Clippers

Basketball sitting on the floor of a court

Most corporate governance failures surface slowly and in pieces. A restatement here, a derivative suit there, an 8-K that raises more questions than it answers. However, every so often one arrives fully assembled, with a public findings rep...

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