Jonathan Ernst/Reuters
- The SEC is cracking down on investment advisers is says falsely claim to use AI.
- The agency settled with two advisers, Delphia and Global Predictions, who agreed to pay fines of $225,000 and $175,000, respectively.
- "Investment advisers should not mislead the public by saying they are using an AI model when they are not. Such AI washing hurts investors," SEC chair Gary


