All articles tagged with #enforcement powers
The EU’s AI Act gains new enforcement tools: regulators can inspect general‑purpose AI models, restrict access to the EU market, and levy fines up to €15 million or 3% of turnover, impacting Anthropic and OpenAI (and Google) and amid rising U.S.–EU tech tensions.
The conservative justices of the U.S. Supreme Court expressed skepticism towards the Securities and Exchange Commission's (SEC) in-house enforcement proceedings, which aim to maintain the integrity of securities markets. The case brought by George Jarkesy challenges the SEC's actions, arguing that he should have had a trial in federal court with a jury. The justices focused on the contention that the SEC's fact-finding process violated Jarkesy's Seventh Amendment right to a jury trial. The case is part of a broader effort to dismantle what some conservatives call "the administrative state."