Photograph of skyscrapers with glass windows from the ground facing up to a blue sky
empty inside of a self-driving car

SEC Puts Proxy Voting in Self-Driving Mode

empty inside of a self-driving car

Last year, Goldman Sachs shareholders representing roughly a third of votes cast objected to $80 million in retention bonuses for CEO David Solomon and President John Waldron, the most pushback on compensation the bank has ever seen. Holder...

Read More
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...

Read More
guardrail lining a busy road

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...

Read More
fall leaves and a cup of pumpkin spice latte

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...

Read More
power transmission towers in fog

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...

Read More