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FINRA cracks down on firms’ use of social media influencers

The Financial Industry Regulation Authority’s (FINRA) Enforcement Division recently came to an agreement with TradeZero America (TradeZero) following a longer than two-year investigation into the brokerage’s relationships with social media influencers.
The agency and the firm, which is a self-directed trading platfor ... (full story)


Pennsylvania bars weigh in on legal AI

So legal generative AI is apparently, and unfortunately, a thing now and I have to continue to write about it. Not necessarily what I wanted to write about after five weeks in Italy, but here we are.
Our next door neighbors in Pennsylvania have produced some pretty good guidelines on the potential use of generative AI in writing ... (full story)


ABA Formal Opinion: Don’t ask listservs for advice

Well, now we’re here. ABA Formal Opinion 511, promulgated on May 8, 2024, admonishes attorneys not to go to listservs for client-related legal advice.
That’s right. The ABA says: Don’t believe people on the internet. But, if you choose to believe people on the internet, at least don’t give them confidenti ... (full story)


USPTO issues clarifying guidance on the use of AI

The United States Patent and Trademark Office has issued some new guidance/ clarification on the use of artificial intelligence (or, I suppose, computer-generated human-adjacent creativity or something like that), based on how current rules cover AI use.
The guidance, published on April 11, ties up some loose ends that were left ... (full story)


Can Section 230 cover developers as well as providers?

We all know what Section 230 of Title 47 is right?
The oft-times political football that, legend has it, started the modern internet, is a part of the Communications Decency Act of 1996.
It generally provides protection for online communication services by making those services immune from responsibility for content provid ... (full story)