Reg BI: AI recommendation must document best interest analysis — receipt or enforcement
—SEC Reg BI + AI robo-advisor examination
Regulatory exposure — commonly overlooked:
Robo-advisor updates model — firm owns Reg BI violation for all clients, vendor owns model update changelog. · Texas pro-business reputation hides aggressive AG on deceptive AI — FTC §5 parallel enforcement.
TAM / Exposure
$100T+ AUM · robo-advisors mainstream
Insurance lines
E&O · Fidelity · D&O
Exhibit authority
Texas TRAIGA Pack — Reg BI Best Interest AI Pack
Global leaders
SEC · FINRA · Betterment · Wealthfront · BlackRock · TX AG · ERCOT · Texas DOI
FINRA 3110
Supervisory system must review AI recommendations — sample testing requires receipts.
Conflicts of interest
AI recommending proprietary products — disclosure receipt required.
Crypto advisory
AI crypto recommendations — SEC enforcement priority 2026.
[Texas] Energy + AI
Texas grid AI + oil/gas AI — critical infrastructure receipts under state scrutiny.
[Texas] Insurance hub
Texas surplus lines market — AI governance for non-admitted carriers.
[Text / Chat] Modality hook
Baseline — all frameworks apply to text decisions.
7 mandate layers (live)
Regulatory ClockCountdown to operative regulatory deadline — NAIC adoption, GSE mandate, EU transposition.Open →
Domain ClassifierIndustry-specific SAFE/CRISIS/VIOLATION with regulatory framework mapping.Open →
Exhibit / Filing PackRegulator-ready external validation — NAIC Exhibit D, Fannie QC, EU FRIA, FDA Part 11.Open →
Mandate RegistryEnroll deployers/insureds under vertical-specific governance mandate.Open →