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The SEC has given a two-year grace period until implementation, but law firms are telling clients to crack on with preparations
Despite the absence of an AI-specific regulatory framework in the US, existing laws contain elements that apply to the space
IFLR examines the SEC’s latest proposals to enhance climate disclosures and combat greenwashing across the US investment management industry
Different types of litigation could arise from the SEC proposals on enhanced disclosures for issuers, but cases brought forward by the regulator will likely be the most common
Proposals to regulate green investments for investment funds in the US have been criticised for being unnecessarily prescriptive, costly and invasive
Notwithstanding the initial backlash against the SEC’s proposed changes, sources argue that these could benefit SPACs in the long run by weeding out less qualitative deals and making the market more sophisticated
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