Publicly traded companies should avoid making “boilerplate” artificial intelligence-related statements to investors in the 2025 reporting season, a US Securities and Exchange Commission official said Tuesday.
Instead, companies should provide details tailored to their business that note emerging material risks stemming from AI, such as cybersecurity incidents, intellectual property concerns, and the potential for discrimination and bias, said Cicely LaMothe, deputy director of disclosure operations in the SEC’s Division of Corporation Finance.
“This is a space that really we should stay away from boilerplate-type disclosures,” LaMothe said at the American Institute of Certified Public Accountants’ annual financial reporting and accounting ...
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