Attorney General Jennifer Davenport and the Bureau of Securities (Bureau) within the Division of Consumer Affairs (Division) announced today that the Bureau’s annual investment adviser examination is underway. The examination, which is a key part of the Bureau’s efforts to protect the hard-earned money New Jerseyans entrust to investment advisers registered in the state, will feature a particular focus this year on protecting investors’ sensitive data online and examining the emerging risks posed by the use of artificial intelligence.

“New Jersey families work hard to make ends meet and build financial security, and protecting their investments is more important than ever. The annual investment adviser examination protects consumers by ensuring that firms managing New Jersey residents’ money are operating responsibly and safeguarding client information. As cybersecurity threats proliferate and the use of artificial intelligence increases, the focus of this year’s examination reflects our continued commitment to protecting the hard-earned money of New Jerseyans from risks both old and new.” – AG Davenport