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Home.forex news reportStartup ‘Fake It’ Culture Isn’t an Excuse for Fraud, Says SEC

Startup ‘Fake It’ Culture Isn’t an Excuse for Fraud, Says SEC

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Regulators are sending a message to startups that “fake it till you make it” isn’t an excuse for fraud. WSJ Pro Venture Capital reporter Marc Vartabedian joins host Zoe Thomas to discuss how the Securities and Exchange Commission is trying to crack down on startups misleading or defrauding investors. Plus, large AI models are trained on vast amounts of data but may still lack deep, industry-specific knowledge that companies need.

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