Nelson Mullins partners Richard Levin and Kevin Tran, and of counsel Bobby Wenner recently co-authored a chapter in Global Legal Insights’ AI, Machine Learning & Big Data 2024, that focuses on guidance and proposed regulation from the U.S. Securities and Exchange Commission (SEC), the U.S. Commodity Futures Trading Commission (CFTC), and the Office of the Comptroller of the Currency (OCC) for using artificial intelligence (AI) in the financial services industry. The chapter, titled “HAL, the Terminator, and Agent Smith entered a bar; Regulation of Artificial Intelligence in the United States,” addresses recent guidance and proposed rules that address the use of AI by financial services firms in the United States.

Levin noted, “we are excited to offer this chapter as part of an important discussion that is currently underway between the public, the FinTech community, and regulators in the United Stares on how to best regulate the use of AI by financial services firms.”

Levin is chair of the firm’s FinTech and Regulation Practice and one of the first lawyers to focus on the regulation of blockchain and digital assets. He is considered a thought leader in the FinTech space. Levin brings his experience as a senior legal and compliance officer on Wall Street and in London to bear in advising clients on FinTech, securities, and regulatory issues. He is routinely quoted by leading publications including Bloomberg, the New York Times, Reuters, and the Wall Street Journal and is a frequent speaker at conferences around the world on the regulation of FinTech, blockchain, and digital assets. 

Tran is a partner in the FinTech and Regulation practice group. He counsels financial institutions and technology clients with financial regulatory, securities, and corporate matters. He focuses on the representation of early stage, mid-stage, and publicly traded FinTech companies focused on blockchain technology, digital assets, and cryptocurrencies, including broker-dealers, digital asset and currency trading platforms, digital asset custodians, alternative trading systems, and securities exchanges and swap execution facilities.

Wenner is of counsel in the FinTech and Regulation practice. He counsels financial services and technology firms on financial services regulatory and corporate matters. He focuses on the representation of financial technology companies working with blockchain, tokenization, digital assets, and cryptocurrencies, including broker-dealers, alternative trading systems (ATS), digital asset and currency trading platforms, digital asset issuers and custodians, securities exchanges, and derivatives trading platforms including swap execution facilities.