New Policy Note Proposes Framework for AI Governance
AI technologies now contribute substantially to corporate performance and risk, but investors lack important information. A new policy note from The AI Disclosures Project proposes bringing AI governance within the SEC’s existing framework, drawing lessons from the 2023 cybersecurity disclosure rules to discipline AI deployment and improve market oversight. The policy note proposes a materiality-first AI disclosure regime: SEC guidance clarifying what is material; a dedicated AI-incident item on Form 8-K; a standing 10-K section on AI strategy, governance, risk, and dependencies; and SEC enforcement against AI-washing.


