AI enforcement · Securities and Exchange Commission

Global Predictions Inc. settles SEC charges

Global Predictions Inc. · settled · what the party said about AI. The newest step in this record is dated 18 Mar 2024.

The agency’s words

quoted from the release
Party
Global Predictions Inc. — SEC.gov | SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence
AI
the firm falsely claimed to be the “first regulated AI financial advisor” and misrepresented that its platform provided “[e]xpert AI-driven forecasts.” — SEC.gov | SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence
Alleged
The SEC says: the San Francisco-based firm made false and misleading claims in 2023 on its website and on social media about its purported use of AI — SEC.gov | SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence
Docket
The release names no docket number.

Every step

oldest first
  1. 18 Mar 2024 Global Predictions Inc. settles SEC charges · settled Global Predictions agreed to pay a civil penalty of $175,000 — SEC.gov | SEC Charges Two Investment Advisers with Making False and Misleading Statements About Their Use of Artificial Intelligence; date from the release’s date line, “Washington D.C., March 18, 2024 —”
in this record

Cite this action

jesseahawkins.com, “Global Predictions Inc.: SEC action that names AI”, AI enforcement record, release read 3 Nov 2026. https://jesseahawkins.com/rules/enforcement/sec-global-predictions/

Sources

enforcement.csv Every dataset → Status → Glossary →