Jasmin’s Publications

I recently attended Compliance Week’s AI and Compliance Summit in Boston where compliance professionals gathered to discuss the current and future states of AI compliance, ethics, regulation, and governance. Complexity was the foremost concern on the minds of the conference attendees. As AI grows increasingly complex, so too do the compliance concerns surrounding it. AI introduces new opportunities and challenges for compliance professionals seeking to establish AI policies, governance committees, and codes of ethics within their organizations.

From securities to life insurance, marketing regulations align across states and products and focus on promoting truthfulness and transparency.Starting and growing a small business comes with many challenges. From managing finances to scaling operations, these hurdles can feel overwhelming without proper support. Nonprofits play a crucial role in helping businesses overcome these difficulties by offering valuable resources such as education, grants, technical assistance, and certifications. Their support enables small businesses to navigate obstacles and thrive, making nonprofits essential contributors to the entrepreneurial ecosystem.

From securities to life insurance, marketing regulations align across states and products and focus on promoting truthfulness and transparency.Setting up a retirement plan for your employees is one of the best investments you can make in your business’s future. Not only does it help attract and retain top talent, but it also opens the door to valuable tax credits that can offset the costs of getting started. This guide breaks down the key tax credits available to small businesses, making it easier than ever to create a strong financial foundation for your team while keeping costs under control.

History may not be the right guide during this particular transition.

Congress created the SEC in 1934 as an independent agency, and its goal was to insulate the watchdog of US securities markets from political meddling.

Still, elections hold consequences for the SEC and the agency’s priorities.

Why? There are a few reasons.

From securities to life insurance, marketing regulations align across states and products and focus on promoting truthfulness and transparency.

Learn about the EU's seven principles of ethical AI and how they can help compliance officers responsibly implement AI tools and systems.

Here are some of my takeaways for compliance officers regarding AI risks and recommended steps on how to mitigate them.

The Security and Exchange Commission’s recently adopted regulations on greenhouse gas emissions and climate-related financial disclosures mark a significant step toward availability of public information for investors in the future.

Retirement planning is a great way to save and secure for your future. Despite small businesses employing nearly half of the American workforce, only 53% provide retirement plans. If you as an employer choose, we have recommended some options for retirement plans that work for small businesses, including education, SIMPLE IRAs, SEP IRAs, and 401(k).

Following the precedent set by the EU AI Act, US compliance officials should consider a risk-based approach to balance innovation and protection.

Learn how President Biden's executive order on AI aims to protect Americans from potential risks and what compliance officers can do in response.

Here are my three key lessons from NSCP about AI in personal and professional life, the pace of regulatory change, and the importance of quality data.

Learn about the EU's seven principles of ethical AI and how they can help compliance officers responsibly implement AI tools and systems.

There are numerous applications and benefits of AI in financial services, including compliance monitoring, risk management, and regulatory reporting.

What does the regulatory future look like for gamification and other digital engagement practices? That remains to be seen, says Jasmin Sethi on our Brain Waves blog

True investor protection involves proactively creating a predictable regulatory regime.

“Let me talk about how AI has impacted my life in three ways – reading, searching for information, and navigation. In all of these areas, I utilize a combination of AI and human intelligence. However, I would not mind the day when AI could be used alone when necessary, and human intelligence could be a choice – a supplement to improve my experience but not necessary for essential functions.”

Did you know that financial services regulators use AI to help detect fraud and possible misconduct? Jasmin Sethi highlights use cases of two regulators.

Written by the SCA team and published in Advisor Perspective.

As the blockchain ecosystem develops and new cryptocurrencies spawn, investors are attempting to diversify their holdings to effectively capture the crypto market. After investors determine how much of their portfolios they want to dedicate to cryptocurrencies, a question soon follows: Which cryptocurrencies should constitute those holdings?

A fixed annuity also known as a MYGA can be a smart investment choice for those looking to diversify their portfolios while earning higher than bank deposit rates.

Investing in cryptocurrency comes with many risks. While some risks, like extreme price volatility, have become well-known and well-understood by the general public, others remain obscure and leave retail investors potentially vulnerable. From June 2020 to June 2021, 13% of Americans purchased or traded cryptocurrencies, according to a University of Chicago survey.

The paradox brought about by digital trading platforms is that digital nudges, also called behavioral prompts, have the potential to both aid and hinder investors. Nudges can positively influence investors by encouraging behaviors--like saving--that benefit investors and serve their personal goals.

In addition to the robo-advisors discussed in Part I and Part II of our series, traditional investment companies, including Goldman Sachs, Vanguard, Schwab, and Merrill have developed their own robo-advisory services.

Customer Relationship Summaries, also known as Form CRS, are a key accompaniment to the SEC’s Regulation Best Interest, or Reg BI, which governs the standard of conduct for broker/dealers. As of last year, broker/dealers, Registered Investment Advisors, and dually registered firms must provide each client, or prospective client, with the firm’s Form CRS.

In this piece, I review three additional robos: Albert, Ellevest, and Stash. Overall, each of these robo-advisors provide a distinct experience with the objective of helping individuals in different circumstances save for retirement (and other goals, but we focus primarily on retirement here) through a streamlined and convenient process.

Those who do not have the workplace infrastructure to help save for retirement can benefit from digital advice.

Last November, the U.S. Securities and Exchange Commission (SEC) proposed a rule that could pave the way for these platform workers—commonly known as gig workers—to receive equity compensation just like employees and other categories of independent contractors.

Robo advisers can be very practical and efficient for investors. While robos generally are beneficial as they often invest in low-cost funds and ETFs, ideally, they should also include quality single-premium immediate annuities (SPIAs) and deferred-income annuities (DIAs) to simplify investment planning and allow retirees to spend more.