AI and Digital Technologies Task Force
ABOUT THE AI AND DIGITAL TECHNOLOGIES TASK FORCE
The AI and Digital Technologies Task Force is composed of approximately 250 representatives of more than 50 committees, councils, and other task forces of the City Bar and adjunct members, including lawyers, academics, trade association representatives, consultants, technologists, and others. Virtually every City Bar practice area is represented on the Task Force. The primary mission of the Task Force is to create a Center of Excellence and Thought Leadership in artificial intelligence and digital technologies, including innovative technologies that create new or enhanced products and services, digital assets, and more efficient, convenient, and effective ways of doing business.
Upcoming Event
Artificial Intelligence Conference
June 18, 2026
TASK FORCE LEADERSHIP
ADVOCACY WORK
New York Emerging Technologies Amendments to the UCC Talking Points & Resources
ORGANIZATION OF THE TASK FORCE
The Task Force is led by Lorraine McGowen, Tiffany Smith, and Jerome Walker, Task Force co-chairs, and subcommittee co-chairs from 16 artificial intelligence subcommittees, 11 digital technologies subcommittees, and 6 working groups that focus on a discrete, and often overlapping, area of artificial intelligence and digital technologies. All of the members of the artificial intelligence subcommittees are appointed in coordination with the City Bar President. The 27 subcommittees and the 6 working groups include:
- Subcommittee on Publications (Angelena Bradfield and Edwin Smith, co-chairs) The primary mission of the Subcommittee is to serve as a peer review for Task Force writings, especially articles, blogs, reports, statements and other writings. The Subcommittee meets as needed (in person or remotely) to (1) review drafts of articles, blogs, reports, and statements submitted by Task Force members for publication by the City Bar or for publication on the Task Force Dashboard; (2) review drafts of articles, blogs, reports, and statements submitted by Task Force members on behalf of others for publication by the City Bar or for publication on the Task Force Dashboard; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Angelena Bradfield, Head of Policy and Government Affairs at Financial Technology Association;(2) Rama G. Elluru, Senior Director for Society and Intellectual Property, Society Panel at the Special Competitive Studies Project; (3) Robert Mahari, CEO and Founder at Akiva AI and former Associate Director at CODEX, Stanford University Center for Legal Informatics; (4) Lorraine McGowen, Task Force Co-Chair and Partner at Orrick, Herrington & Sutcliffe LLP; (5) Robert Schwinger, Partner at Norton Rose Fulbright US LLP; (6) Edwin Smith, Massachusetts Uniform Law Commissioner and Senior Consultant at Morgan Lewis; (7) Tiffany Smith, Task Force Co-Chair and Partner at WilmerHale; and (8) Jerome Walker, Task Force Co-Chair and Partner at Jerome Walker PLLC.
- Subcommittee on Artificial Intelligence in Commerce and Finance (Azish Filabi and Stuart Levi, co-chairs) The primary mission of the Subcommittee includes addressing the use of artificial intelligence in banking; insurance; securities; commodities; payments; trade; and related global issues for artificial intelligence in commerce and finance. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Azish Filabi, Executive Director at American College Cary M. Maguire, Center for Ethics in Financial Services; (2) Joshua Geller, Chief Legal Officer at Jeppesen ForeFlight; (3) Bryan Gividen, Vice President, Assistant General Counsel at JPMorgan Chase Legal Department; (4) Stuart Levi, Partner at Skadden Arps; (5) Corey Goldstein, Senior Associate at Paul, Weiss; (6) Adam Marchuck, Managing Director and General Counsel at Citi; (7) Jordan Miner Romanoff, Senior Director and Senior Managing Counsel and Co-Head Intellectual Property Legal, Head of Marketing & Communications Legal at BNY; and (8) Peggy Tsai, former Chief Data Officer at BigID.
- Subcommittee on Behavioral Science in Digital Technologies (Tiffany Archer and Patrick Henz, co-chairs) The primary mission of the Subcommittee includes analyzing the implications for digital technologies firms and digital technologies products and services when using a combination of data, culture, and behavioral science tools to assess risk and map organizational culture impacting that risk in a manner that helps to strengthen, redesign and retool digital technologies compliance programs. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Tiffany Archer, Founder & President, Eunomia Risk Advisory, Inc., Behavioral Science Compliance Consultant & Data Insights Specialist and Adjunct Professor at Fordham Law School; (2) Carl Hahn, former Chief Compliance Officer at Northrop Grumman; (3) Patrick Henz, Head of Environmental, Society, Governance, Risk & Compliance at Primetals Technologies; (4) Bryan Judice, Vice President of Compliance Solutions at KonaAI; (5) Matthias Quinckhardt, Researcher, at D.E. Shaw (Human Capital Group); and (6) Eugene Soltes, Professor at Harvard Business School and author of Why They Do It: Inside the Mind of A White Collar Criminal.
- Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities (Jonathan Scharf and Kristen Spaeth, co-chairs) The primary mission of the Subcommittee includes addressing ways for law enforcement, regulatory agencies, the intelligence community, and the private sector to work together to combat illicit activity in digital technologies and developing strategies to educate the public on the benefits of a public-private working relationship to protect consumers and businesses from illicit activities in digital technologies. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Kyle Armstrong, Director of Law Enforcement Relations at TRM and former FBI Supervisory Special Agent; (2) Adrian Cheek, Founder at Coeus and former UK Police Central e-crime Unit, Met Police; (3) Alona Katz, Chief of the Virtual Currency Unit at the Brooklyn District Attorney’s Office; (4) Jonathan Scharf, former Deputy Bureau Chief & Cryptocurrency Investigations Coordinator, Major Economic Crimes at the Queens District Attorney’s Office; (5) Kristen Spaeth, Global Intelligence Manager at Coinbase; and (6) Stephen Strickland, Copper Technologies – Compliance, Group Chief Compliance Officer & Group MLRO, Member of Board of Directors, Copper Markets UK, Member of Board of Directors, Copper Securities ME, and Compliance Officer Copper Securities ME (Abu Dhabi ADGM).
- Subcommittee on Crypto Products and Services (Tracey Chenoweth, Boaz Goldwater, and Jeremy Moorehouse, co-chairs) The primary mission of the Subcommittee includes addressing crypto assets, crypto products and services; the roles of crypto market participants; the regulation, supervision and oversight of crypto companies; and the laws and regulations, including case law, governing crypto transactions; and addressing the development of guidelines on digital technologies compliance related to decentralized finance (DeFi), decentralized autonomous organizations (DAOs) and the use of stablecoins in DeFi. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Tracey Chenoweth, Partner at Paul Hastings LLP; (2) Ammara Farooq, Legal & Compliance Department, Associate Vice President, Policy Advisory & Risk Governance at Bank of China USA; (3) Matthew E. Foreman, Partner and Taxation Practice Group Co-Chair at Falcon Rappaport & Beckman LLP; (4) Aegis J. Frumento, Partner at Stern Tannenbaum & Bell LLP; (5) Boaz Goldwater, Associate at Davis Polk; (6) Tara La Morte, Deputy General Counsel, Stealth FinTech Startup and former Chief, Illicit Finance & Money Laundering Unit and Asset Forfeiture Coordinator, US Attorney’s Office, Southern District of New York; (7) Richard H. Langan, Partner at Langan, PLLC; (8) Andrew Siegel, General Counsel and Chief Compliance Officer at Galaxy Digital; (9) Edwin Smith, Massachusetts Uniform Law Commissioner and Senior Consultant at Morgan Lewis; (10) Lewis Cohen, Partner at Cahill Gordon; (11) Joel De La Cruz, Student, St. John’s University School of Law; (12) Alexander Drylewski, Partner at Skadden Arps; (13) Beth Haddock, Independent Director to GMO-Z.com and the Stable Standard, Chief Legal Officer at AdvisorEngine, and Managing Partner at Warburton Advisers; (14) Eric W. Hess, Managing Partner at Hess Legal Counsel, LLC; (15) Cassie Lentchner, Board Member at BitGo Trust Company and BitGo New York Trust Company; (16) Howard Meyerson, Managing Director at the Financial Information Forum; and (17) Jason Schwartz, Partner at Cahill Gordon.
- Subcommittee on Cybersecurity and Data Protection (Brian Rauer and Adam Scott Wandt, co-chairs) The primary mission of the Subcommittee includes analyzing of laws and regulations, including case law, governing cybersecurity and data protection; international, federal and state guidance covering cybersecurity and data protection, including guidance from the National Institute of Standards and Technology and other comparable standard setting organizations; and an assessment of how those laws and regulations affect consumers, businesses, and other stakeholders. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Christopher Curry, Head of Cyber Security at New York Life Insurance Company; (2) Owen Denby, General Counsel at Security Scorecard; (3) Brenda Gill, Partner at Dunnington Bartholow & Miller LLP; (4) Marie-Helen Maras, Professor, Department of Security, Fire and Emergency Management and Director of the Center for Cybercrime Studies at John Jay College of Criminal Justice, Digital Forensics and Cybersecurity at CUNY Graduate Center; (5) James Martin, Deputy General Counsel at New Jersey Resources Corporation; (6) Brad Moore, Principal at New World AI Advisors; (7) Brian Rauer, General Counsel and Executive Director at Better Business Bureau of Metropolitan New York and Mid- Hudson BBB; (8) Mitchell Thompson, Supervisory Special Agent, Cyber Division at the FBI; and (9) Adam Scott Wandt, Associate Professor of Public Policy, Deputy Chair for Technology Department of Public Management at John Jay College of Criminal Justice.
- Subcommittee on Digital Technologies Consumer Protection (Melissa Baal Guidorizzi and Eamonn Moran, co-chairs) The primary mission of the Subcommittee includes addressing the application of local, state and federal consumer protection laws to digital technology firms, and products and services; the oversight, supervision, and examination of digital technologies firms; and enforcement actions commenced against digital technologies firms by the Consumer Financial Protection Bureau, the Federal Trade Commission, federal and state prudential supervisors, state attorneys general, and other consumer protection agencies. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Michelle Gitlitz, Author Reimagining Payments: The Business Case for Digital Currencies (Racquet Publishing 2023) and Co-Founder and CEO at Change Agents Technologies Inc.; (2) Eric Goldberg, Partner at Davis Wright Tremaine and former Managing Counsel Regulations at the Consumer Financial Protection Bureau; (3) Melissa Baal Guidorizzi, Partner at Davis Wright Tremaine and former Senior Counsel for Policy and Strategy, Office of Enforcement, Consumer Financial Protection Bureau; (4) Eamonn Moran, Partner at Holland & Knight LLP and former Counsel, Office of Regulations, Consumer Financial Protection Bureau; (5) Michael Treves, Associate at Davis Wright Tremaine; (6) Charles Weinstein, Partner at Baker & McKenzie; and (7) Sachanna Williams, Assistant General Counsel Payments & Digital Products at JP Morgan Chase & Co.
- Subcommittee on the Metaverse (Flora Lau and Luisa Domenichini, co-chairs) The primary mission of the Subcommittee includes analyzing of the implications of cross-border platform standards; the challenges related to accessibility to the Metaverse; the legal implication of social norms in the Metaverse; and the promise and perils of the Metaverse as a marketplace for products and services. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Luisa Domenichini, Partner at Eversheds-Sutherland; (2) Terrence Dugan, Partner at Moore & VanAllen; (3) Flora Lau, Counsel at TD; and (4) Rachael Vaughn Ray, Product Counsel and Legal Manager at Roblox.
- Subcommittee on Digital Technologies Issues for Nonprofit Organizations (Dana Lennon and Lori Nuckolls, co-chairs) The primary mission of the Subcommittee on Digital Technologies Issues for Nonprofit Organizations includes addressing the challenges and opportunities of nonprofit organizations (i.e., charitable organizations; churches and religious organizations; and private foundations) that engage in or aspire to engage in digital technologies transactions (e.g., cryptocurrencies; non-fungible tokens; and payment stablecoins); the legal implications and costs associated with digital technologies transactions involving nonprofit organizations; and the risks and benefits of the use of digital technologies to improve the operational efficiencies and effectiveness of the delivery of services to stakeholders of nonprofit organizations. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Laura Angel-Lalanne, Partner at Schulte Roth & Zabel LLP; (2) John Bennett, Senior Counsel at Simpson Thacher; (3) Philip A. Bildner, Strategy and Operations Manager, Autonomous Projects; (4) Dana Lennon, Director of Divisional Operations at Catholic Charities Community Services, Archdiocese of New York; and (5) Lori Nuckolls, Public Policy Researcher.
- Subcommittee on Distributed Ledger Technology and Blockchain (Robert Schwinger and Hector Velez, co-chairs) The primary mission of the Subcommittee includes addressing the opportunities and challenges associated with the use of Distributed Ledger Technology (DLT) and blockchain; the legal implications associated with DLT and blockchain; how courts and alternative dispute resolution organizations are addressing DLT and blockchain issues; and the implications for asset tokenization. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Steven T. Cummings, Counsel at Sei Labs; (2) Eric Hess, Founder and Managing Counsel at Hess Legal Counsel; (3) Don Irwin, Associate at Mayer Brown; (4) Monica T. Ramirez de Arellano, Managing Director, Stablecoins at Anchorage Digital; (5) Robert Schwinger, Partner at Norton Rose Fulbright US LLP; (6) Hector Velez; (7) Frank Weigand, Partner at Cahill Gordon & Reindel LLP; and (8) Tyler Yagman, Class Action Litigation Attorney.
- Subcommittee on Electronic Mobility Services (Margaret Barry, Matthew Daus, and Elizabeth B. Stein, co-chairs) The primary mission of the Subcommittee includes addressing barriers, challenges and the benefits of expanding multi-modal integration of electronic mobility services and payment platforms, including equity and unbanked communities, accessibility, sustainability, data, and privacy considerations as well as guiding principles and best practices. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the Subcommittee include (1) Margaret Barry, Environmental Law Writer, Sabin Center for Climate Change Law at Columbia Law School; (2) Matthew Daus, Partner at Windels Marx; (3) Nilay Dave, General Counsel & Chief Compliance Officer at Toyota Connected North America; (4) Matthew Fairley, Executive Agency Counsel Lvl A at New York City Transit; (5) Marc Klein, former Senior Vice President, Strategic Accounts and Smart Cities, Beep Autonomous Shuttles and Software Solutions at Beep Inc.; (6) Christopher Schuyler, Managing Attorney, Disability Justice at New York Lawyers for the Public Interest; (7) Elizabeth B. Stein, State Policy Director, Institute for Policy Integrity at New York University School of Law; (8) Lou Venech, Manager/Retired at The Port Authority of New York & New Jersey; and (9) Nathan Werksman, Attorney at Merson Law PLLC.
- Subcommittee on Artificial Intelligence and Access to Justice (Abbe Gluck and McGregor Smyth, co-chairs) The primary mission of the Subcommittee includes addressing the challenges and opportunities of artificial intelligence for unrepresented parties and nonprofit and legal services organizations that assist or represent unrepresented parties; the cost of artificial intelligence tools and how those costs might affect access to justice; and the potential of artificial intelligence to deepen existing disparities in access to justice. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Raymond Brescia, Professor at Albany Law School; (2) Rodrigo Camarena, Director at Justicia Lab and Interim Co-Executive Director, Product and Technology, Pro Bono Net; (3) Katherine Forrest, Partner at Paul, Weiss and former U.S. District Court Judge, Southern District of New York; (4) Abbe Gluck, Professor at Yale Law School and Medical School; (5) The Honorable Angela Iannacci, Associate Justice, New York State Supreme Court, Appellate Division, Second Judicial Department; (6) Rich Leimsider, Independent Nonprofit Consultant and Entrepreneur-In-Residence at Fund for the City of New York; (7) Bonita Robinson, Senior Attorney at Linklaters LLP; and (8) McGregor Smyth, Executive Director at New York Lawyers for the Public Interest.
- Subcommittee on Artificial Intelligence and Legal Ethics (David Keyko and Tyler Maulsby, co-chairs) The primary mission of the Subcommittee includes analyzing and reporting on Rules of Professional Conduct; bar association ethics opinions; case law; and the laws and regulations governing the unauthorized practice of law. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Matthew Corbin, Managing Director at Aon; (2) Aegis J. Frumento, Partner at Stern Tannenbaum & Bell LLP; (3) Margaret Darin Hagan, Executive Director of the Legal Design Lab and Lecturer at Stanford Law School and the Stanford Institute of Design; (4) David Keyko, Partner at Pillsbury Winthrop Shaw Pittman LLP; (5) Tyler Maulsby, Partner at Frankfurt Kurnit Klein & Selz PC; (6) Lucian Pera, Partner at Adams & Reese LLP; (7) Alison Roffi, Deputy General Counsel at Orrick, Herrington & Sutcliffe LLP; (8) Roy Simon, former Professor and Director of Hofstra’s Institute for the Study of Legal Ethics at Hofstra University School of Law; and (9) Kaylin L. Whittingham, Managing Attorney at Whittingham Law.
- Subcommittee on the Use of Generative Artificial Intelligence and the Law (Robert Mahari and Diana Santos, co-chairs) The primary mission of the Subcommittee includes addressing large language models; multi-modal models; foundation models; tools such as ChatGPT; Claude; CoCounsel; Gemini; Mistral; Harvey; and other tools; intellectual property and copyright issues; and the reliability of source material and training material to combat bias and assure accuracy and ethical and responsible artificial intelligence. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Mehdi Ansari, Partner at Sullivan Cromwell; (2) Gus Coritsidis, Legal Advisor, US Court of International Trade; (3) Dylan Hadfield-Menell, Professor at Massachusetts Institute of Technology; (4) Peter Henderson, Professor at Princeton University; (5) Robert Mahari, CEO and Founder, Akiva AI and former Associate Director at CODEX, Stanford University Center for Legal Informatics; (6) Gabriele Mazzini, former Chief Architect EU AI Act at the European Commission; (7) John Paul Oleksiuk, Partner at Cooley; (8) Sunoo Park, Professor at New York University; and (9) Diana Santos, Senior Counsel & AI Focal, Global Markets, IBM Corporation.
- Subcommittee on the International Regulation of Artificial Intelligence (Austin Brown and Lenka Molins, co-chairs) The primary mission of the Subcommittee includes addressing United Nations Resolution(s) on Artificial Intelligence; the Organization for Economic Co-operation and Development guidance on artificial intelligence; US Executive Orders and laws on Artificial Intelligence; the use of artificial intelligence in other countries; and the use and support of artificial intelligence by international agencies such as the International Monetary Fund and The World Bank. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Marianne Bechara, Senior Legal Counsel at the International Monetary Fund; (2) Austin Brown, Assistant Attorney General at New York State Attorney General; (3) Romina Canessa, Staff Attorney, Human Rights and Access to Justice Program at the Vance Center for International Justice; (4) Karen Eltis, Professor, Centre for Law, Technology and Society, Civil Law Section at the University of Ottawa; (5) Alice Khayami, Quantitative Research Markets Analyst (E-Trading), JPMorgan Chase; (6) Lenka Molins, Associate Director, Artificial Intelligence and Internet Advisory at Deloitte London; (7) David Satola, Lead Counsel, Technology and Innovation at The World Bank; (8) Nichole Sterling, Partner at BakerHostetler; and (9) Minesh Tanna, Partner at Simmons & Simmons.
- Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence (David Lisson and Clinton Morrison, co-chairs) The primary mission of the Subcommittee includes addressing liabilities to and remedies against creators, designers and developers of artificial intelligence tools and systems; liabilities to and remedies against sellers of artificial intelligence tools and systems; liabilities to and remedies against users of artificial intelligence tools and systems; and liabilities to and remedies against third-party agents of artificial intelligence tools and systems. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Matthew Bacal, Partner at Davis Polk; (2) Rama G. Elluru, Senior Director for Society and Intellectual Property, Society Panel at Special Competitive Studies Project; (3) David Lisson, Partner at Davis Polk; (4) Clinton W. Morrison, Partner at Patterson, Belknap, Webb and Tyler LLP; and (5) Shayne O’Reilly, Director & Associate General Counsel and Head of Strategic Transactions, Licensing and Open Source at Meta.
- Subcommittee on Artificial Intelligence and National Security (Clark Abrams and Sabeena Ahmed Liconte, co-chairs) The primary mission of the Subcommittee includes addressing the use of artificial intelligence to combat corruption; cybercrime, including relevant cybersecurity and virtual currency considerations; foreign and domestic terrorist financing; fraud; transnational criminal organization activity; drug trafficking organization activity; human trafficking and human smuggling; and proliferation financing. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current members of the subcommittee include (1) Clark Abrams, Chief, Money Laundering and Financial Investigations Unit, Special Narcotics Prosecutor for the City of New York; (2) Evan T. Abrams, Partner at Steptoe; (3) Nikhil Aggarwal, Managing Director at Deloitte Transactions and Business Analytics LLP; (4) Rim Belaoud, Associate Director, Forensic Technology at Forensic Risk Alliance; (5) James (Jim) Lee, Global Head of Capacity Building at Chainalysis and former Chief at Internal Revenue Service, Criminal Investigation; (6) Sabeena Ahmed Liconte, Head of Legal & Chief Compliance Officer, Americas at ICBC Standard Group; (7) Rupali Pardasani, Global Head, Financial Crime Compliance Governance and Advisory at FIS; (8) Kevin Rietema, former Counter Threat Finance Coordinator, National Security Branch at the FBI; and (9) Gary M. Shiffman, Visiting Professor at Wilbur O. and Ann Powers College of Business at Clemson University.
- Subcommittee on Artificial Intelligence in Healthcare (Debra Cohn and Anne Zimmerman, co-chairs) The primary mission of the Subcommittee includes addressing medical health; mental health; the Health Insurance Portability and Accountability Act; hospitals and other health service organizations; Medicaid and Medicare; and social determinants of health. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Debra Cohn, Lecturer in Law at Columbia Law School; (2) Daniel Lennard, Assistant General Counsel at Mount Sinai Health System; (3) Christine Moundas, Partner at Ropes & Gray; (4) Jason Raylesberg, Senior Associate at Fenwick & West; (5) Łukasz Szoszkiewicz, Department of Constitutional Law, Faculty of Law and Administration at Adam Mickiewicz University in Poznań; and (6) Anne Zimmerman, Lecturer at Columbia University.
- Subcommittee on Privacy (Irene Byhovsky and Alexander Southwell, co-chairs) The primary focus of the Subcommittee includes analyzing laws and regulations, including case law, governing privacy and related data protection; international, federal and state laws and guidance covering privacy and related data protection, including guidance from the National Institute of Standards and Technology and other standard setters; and an assessment of how those laws and regulations affect consumers, businesses, and other stakeholders. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Irene Byhovsky, Legislative Counsel at the New York City Council; (2) Brenda Gill, Partner at Dunnington Bartholow & Miller LLP; (3) Margot Hanley PhD, Research Director, Cognitive Futures Lab, Duke University; (4) Ruby Lang, Associate at Gibson Dunn; (5) Kathryn Linsky, Partner at McDermott Will & Schulte; (6) James Martin, Deputy General Counsel at New Jersey Resources Corporation; (7) Mila Romanoff, Vice President Legal, Technology and Innovation at The World Bank; and (8) Alexander Southwell, Partner at McDermott Will & Schulte.
- Subcommittee on Payment Services and Systems (Stephen Aschettino, Justin Levine, and Pratin Vallabhaneni, co-chairs) The primary mission of the Subcommittee includes analyzing laws and regulations, including case law; laws governing payment stablecoins and central bank digital currencies; smart contracts; banking as a service; FedNow, Fedwire, CHIPs, and SWIFT, and ACH transactions; Uniform Commercial Code Article 4-A, Article 5, Article 7, and Article 12; and the laws, regulations, case law, practices and protocols governing payment applications and Federal Reserve System Master Account applications. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current Subcommittee members include (1) Stephen Aschettino, Partner at Steptoe LLP; (2) Alexandra Steinberg Barrage, Partner at Morrison & Foerster; (3) Nicole DeSantis, Founder and CEO at Nomadis Consulting, PLLC and General Counsel secondee at Nomi Health, Financial Services Division; (4) Paul Drexler, Associate Counsel at Sei Labs; (5) Michelle Gitlitz, Author Reimagining Payments: The Business Case for Digital Currencies (Racquet Publishing 2023) and Co-Founder and CEO at Change Agents Technologies Inc.; (6) Justin Levine, Counsel at Davis Polk; (7) Anand Sithian, Partner at Crowell & Moring LLP; (8) Edwin Smith, Massachusetts Uniform Law Commissioner and Senior Consultant at Morgan Lewis; (9) Jacob Turner, Managing Director at Citi; and (10) Pratin Vallabhaneni, Partner at White & Case.
- Subcommittee on Artificial Intelligence in Mergers & Acquisitions and Antitrust Law (David Emanuelson and Nadezhda (Nady) Nikonova, co-chairs) The primary focus of the Subcommittee includes addressing the use of artificial intelligence in M&A transactions; the use of artificial intelligence to address antitrust law, including Hart-Scott-Rodino issues and Federal Trade Commission premerger notification and US Department of Justice and other agency requirements related to artificial intelligence; US Department of Justice and other governmental agency enforcement actions related to artificial intelligence (both before and retroactively after merger deals have been approved); and artificial intelligence deal-related litigation. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Javier Ortega Alvarez, Senior Associate at Arnold & Porter; (2) Allieana Bao, Associate at White & Case; (3) David Emanuelson, Partner at Arnold & Porter; (4) Adele Hogan, Co-Managing Partner at Broadfield; (5) Marc Lanoue, Attorney, Office of Policy and Coordination at the Federal Trade Commission; (6) Nadezhda (Nady) Nikonova, Managing Counsel, Antitrust at Oracle; (7) Matthew Robinson, Associate at Paul, Weiss; and (8) Eric Talley, Professor and Co-Director of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School.
- Subcommittee on Artificial Intelligence and Civil Liberties (Elizabeth Daitz, co-chair) The primary focus of the Subcommittee includes addressing the implications and impact of the use of artificial intelligence in civil rights and civil liberties litigation and the use of artificial intelligence to enforce federal, state and local law, including statutes and regulations prohibiting discrimination on the basis of race, color, sex (including pregnancy, sexual orientation, and gender identity), disability, religion, familial status, national origin, and citizenship status. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Elizabeth Daitz, Assistant Commissioner of Police, Suffolk County Police Department; (2) Jerome Greco, Supervising Attorney of the Legal Aid Society’s Digital Forensics Unit and Lecturer in Law at Columbia University Law School; (3) Cynthia Guerra, Executive Chief Assistant Public Defender for Operations and Assistant General Counsel, Public Defender, 11th Judicial Circuit of Florida; (4) Amreeta Mathai, Director of Strategy and Program Integration at the New York Civil Liberties Union; (5) Jonathan Parham, Business Administrator/Chief Communications Officer, City of Rahway; (6) Christian Quinn, Managing Principal at Fulcrum Innovation LLC; and (7) Andrew Warshawer, former Deputy Chief of Trial Division, Counsel for Emerging Technologies, New York County District Attorney’s Office and Trial Attorney at the Beasley Firm LLC.
- Subcommittee on Artificial Intelligence and Neurotechnology (Margot Hanley and Kristen Mathews, co-chair)The primary mission of the Subcommittee includes addressing the implications and impact of neurotechnology on humans; the impact of artificial intelligence on neurotechnology and the intersection of neurotechnology and artificial intelligence; and ethical issues related to the use of neurotechnology. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Margot Hanley PhD, Research Director, Cognitive Futures Lab, Duke University; (2) Kristen J. Mathews, Partner at Cooley LLP; and (3) Charles Rodenkirch, PhD, Founder & CEO at Sharper Sense.
- Subcommittee on the Impact of Artificial Intelligence on Content Creators, Distributors, Users, and Consumers (Deborah Hrbek and Mark Traphagen, co-chairs) The primary mission of the Subcommittee includes addressing the implications and impact of the use of artificial intelligence on content creators (such as authors of books and podcasts, singers, and actors), distributors (such as book and podcast publishers, studios and record companies, and film studios), users, and consumers and the response of the judiciary, the industry, and policymakers at the federal, state and local and international levels on enacting or modifying laws to take into account the competing interests of content creators, distributors, users, and consumers. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Deborah Hrbek, Founder, Hrbek Law and (2) Mark Traphagen, Founder, Traphagen Law PLLC.
- Subcommittee on Artificial Intelligence and Robotics (Maynard Holliday and Moiz Khan, co-chairs) The primary mission of the Subcommittee includes addressing the implications and the impact of the use of artificial intelligence in robotics, especially the impact on commerce businesses (across all industries), and consumers and underserved populations and the laws and practices applicable to artificial intelligence and the laws and practices applicable to robotics. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Scott Caravello, Associate at Paul, Weiss; (2) Katherine Forrest, former U.S. District Judge for the Southern District of New York; former Deputy Assistant Attorney General in the U.S. Department of Justice’s Antitrust Division, and Partner at Paul, Weiss; (3) Maynard Holliday, former Assistant Secretary of Defense for Critical Technologies in the Office of the Under Secretary of Defense for Research and Engineering; (4) Moiz Khan, Head of Engineering and AI Market Development at MathWorks; and (5) Dirk van der Merwe, Senior Autonomous Robotics Lead at DEKA Research & Development.
- Subcommittee on the Use of Artificial Intelligence in the Judiciary (Harut Minasian and David Zaslowsky, co-chairs) The primary mission of the Subcommittee includes analyzing state and local courts; federal courts; litigants; court administration; specialized technology courts such as artificial intelligence courts and robo judges; and alternative dispute resolution. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Gus Coritsidis, Legal Advisor at the US Court of International Trade; (2) The Honorable Abena Darkeh, Judge, Criminal Court of the City of New York; (3) Kevin M.K. Fodouop, Judicial Law Clerk, California Supreme Court; (4) Paul Grimm, Professor at Duke University School of Law and former U.S. District Court Judge, District Court for the District of Maryland; (5) Maura Grossman, Research Professor, School of Computer Science, University of Waterloo, Adjunct Professor at Osgoode Hall Law School; (6) The Honorable Joseph Lamendola, New York State Supreme Court, Presiding Judge, Commercial Division, Onondaga County; (7) Harut Minasian, Associate Paul, Weiss and former Judicial Law Clerk, U.S. District Court, Western District of Texas and New York State Supreme Court, Westchester County, Commercial Division; (8) The Honorable Xavier Rodriguez, U.S. District Judge, U.S. District Court for the Western District of Texas; (9) Susan E. Salazar, Of Counsel, Raff & Becker, LLP and Director, Mediation Clinic & Supervising Attorney, Main Street Legal Services, Inc., CUNY School of Law; (10) John Werner, former Chief Clerk and Executive Officer, Supreme Court, Civil Term, New York County; and (11) David Zaslowsky, Partner at Baker McKenzie.
- Subcommittee on Artificial Intelligence in Labor and Employment (Ivie Serioux, co-chair) The primary mission of the Subcommittee includes addressing the implications and impact of the use of artificial intelligence in recruitment; hiring; promotions; exemption classification and other wage and hour considerations; and terminations; case law and enforcement actions arising from those use cases; and the application of any AI Bill of Rights and best practices. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Jeanine Conley Daves, Office Managing Shareholder at Littler; and (2) Ivie Serioux, Shareholder at Littler.
- Subcommittee on Artificial Intelligence in Legal Education (Katherine Hughes and Praveen Kosuri, co-chair) The primary mission of the Subcommittee includes addressing artificial intelligence in legal scholarship (for professors and students, and with respect to law reviews and journals, including discussion of polices, etc.); artificial intelligence in legal pedagogy (including with respect to the development of exams and the use of artificial intelligence in clinical teaching and drafting classes, creation of outlines, AI as a teaching tool, etc.); teaching/reinforcing legal artificial intelligence ethical issues (including collaboration with other subcommittees); preparation for lawyering with artificial intelligence (including insight on how firms are/are not using artificial intelligence, how public interest organizations are/are not engaging; overview of most widely used tools to facilitate training); and any other implications and the impact of the use of artificial intelligence in legal education. The Subcommittee meets monthly (in person or remotely) to (1) plan and host Subcommittee activities such as podcasts, webinars, and in-person seminars; (2) research and draft articles, reports, and statements; (3) support the Task Force’s effort to maintain a City Bar Center of Excellence and Thought Leadership in innovative technologies; and (4) work closely with the Task Force Co-Chairs and City Bar staff to achieve the goals and priorities of the Task Force and the City Bar. Current subcommittee members include (1) Katherine Hughes, Clinical Associate Professor of Law, Director, Entrepreneurial Law Clinic at Fordham Law School; (2) Barara-Ann Boehler, Senior Director, Program on Corporate Compliance and Ethics, Fordham Law School; (3) Jorge Contreras, The James T. Jensen Endowed Professor for Transactional Law and Director of the Program on Intellectual Property and Technology, University of Utah; (4) Marina Filipek, Law Student, Fordham Law School; (5) Sam Karlin, Head of Legal, Operations, and Product at Blee; (6) Praveen Kosuri, Practice Professor of Law and Director of the Entrepreneurial Legal Clinic, University of Pennsylvania School of Law; (7) Robert McKenzie, Davis Polk & Wardwell LLP Clinical Teaching Fellow, Entrepreneurship Clinic, Social Enterprise and Economic Empowerment Clinic, New York University School of Law; (8) Dr Abigail Rekas, Lecturer Above the Bar in Law and Innovation, University of Galway in Ireland; (9) Oliver Roberts, Co-Director WashU Law School AI Collaborative Adjunct Professor; (10) Greg Walters, Adjunct Professor, Fordham Law School; and (11) Stan Yakoff, Adjunct Professor, Fordham Law School.
- Working Group on Annual Institutes (Lorraine McGowen, Tiffany Smith, and Jerome Walker, co-chairs) The Working Group on Annual Institutes works with the Task Force Co-Chairs to plan and host the Task Force March Crypto Institute/Conference, the Task Force June Artificial Intelligence Institute/Conference, and the Task Force September Fintech Institute/Conference. The annual institutes/conferences are the signature CLE events of the Task Force and are one or more full days of in-person panels on timely and topical artificial intelligence and digital technologies issues.
- Working Group on the Emerging Technology Amendments to the New York Uniform Commercial Code (Neil Cohen, Lorraine McGowen, Edwin Smith, and Jerome Walker, co-chairs) The Working Group on the Emerging Technology Amendments to the New York Uniform Commercial Code (New York UCC) works with the Task Force Co-Chairs to support the modernization of the New York UCC and works closely with the City Bar Policy Department to support bills that are amended to reflect the full text of the New York Emerging Technologies Amendments to the Uniform Commercial Code.
- Working Group to Study Trends and Developments in Crypto and Digital Assets (Lewis Cohen, Beth Haddock, and Tiffany Smith co-chairs) The Working Group to Study Trends and Developments in Crypto and Digital Assets ( Working Group on Crypto and Digital Assets) works with the Task Force Co-Chairs to study, analyze and monitor the status of trends and developments in crypto and digital assets at the state, federal and international levels.
- Working Group on the Intersection between Artificial Intelligence and Privacy (Katherine Forrest Forest and Jerome Walker, co-chairs) The primary mission of the Working Group on the Intersection of Artificial Intelligence and Privacy is draft an analysis that provides guidance to market participants and stakeholders, including policymakers, practitioners, and courts on how AI model training and privacy polices work together and may affect attorney-client privilege and the work product doctrine. Working Group members include (1) Clark Abrams, Task Force Subcommittee on Artificial Intelligence and National Security Co-Chair and Chief, Money Laundering and Financial Investigations Unit Special Narcotics Prosecutor for the City of New York; (2) Irene Byhovsky, Task Force Subcommittee on Privacy Co-Chair and Legislative Counsel at the New York City Council; (3) Elizabeth Diatz, Task Force Subcommittee on Artificial Intelligence and Civil Liberties Co-Chair and Assistant Commissioner of Police, Suffolk County Police Department; (4) The Honorable Judge Abena Darkeh, Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Member and Criminal Court Judge of the City of New York; (5) Azish Filabi, Task Force Subcommittee on Artificial Intelligence in Commerce and Finance Co-Chair and Executive Director, American College Cary M. Maguire Center for Ethics in Financial Services; (6) Katherine Forrest, Task Force Subcommittee on Artificial Intelligence and Access to Justice Member, former US District Court Judge, Southern District of New York, and Partner at Paul, Weiss; (7) Bryan Gividen, Task Force Subcommittee on Artificial Intelligence in Commerce and Finance Member and Vice President, Assistant General Counsel at JPMorgan Chase Legal Department; (8) Jerome Greco, Task Force Subcommittee on Artificial Intelligence and Civil Liberties Member, Supervising Attorney, Legal Aid Society, Digital Forensics Unit, and Lecturer in Law at Columbia University Law School; (9) Paul Grimm, Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary, Professor at Duke University School of Law, and former US District Court Judge, District Court for the District of Maryland; (10) Alona Katz, Task Force Subcommittee on Digital Technologies Issues for Law Enforcement and Regulatory Agencies Member and Chief of the Virtual Currency Unit at the Brooklyn District Attorney’s Office; (11) David Keyko, Task Force Subcommittee on Artificial Intelligence and Legal Ethics Co-Chair and Partner at Pillsbury Winthrop Shaw Pittman LLP; (12) Ruby Lang, Task Force Subcommittee on Privacy Member and Associate at Gibson & Dunn; (13) Robert Mahari, Task Force Subcommittee on Generative Artificial Intelligence and the Law Co-Chair, CEO and Founder, Akiva AI, and former Associate Director CODEX, Stanford University Center for Legal Informatics; (14) Amreeta Mathai, Task Force Subcommittee on Artificial Intelligence and Civil Liberties Member and Director of Strategy and Integrated Programs at the New York Civil Liberties Union; (15) Clinton Morrison, Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Partner at Patterson Belknap Webb & Tyler LLP; (16) The Honorable Xavier Rodriguez, Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Member and US District Court Judge, Western District of Texas; (17) Robert Schwinger, Task Force Subcommittee on Distributed Ledger Technology and Blockchain Co-Chair and Partner at Norton Rose Fulbright US LLP; (18) Alexander Southwell, Task Force Subcommittee on Privacy Co-Chair and Partner at McDermott Will & Schulte; (19) Nichole Sterling, Task Force Subcommittee on the International Regulation of Artificial Intelligence Member and Partner at BakerHostetler; (20) Jerome Walker, Task Force Co-Chair and Partner at Jerome Walker PLLC; and (21) Andrew Warshawer, Task Force Subcommittee on Artificial Intelligence and Civil Liberties Member, former Deputy Chief of the Trial Division, Counsel for Emerging
- Working Group on Artificial Intelligence and Entertainment (Stephanie Jacqueney and Jerome Walker, co-chairs and Stuart Levi and Donovan Rodrigues, Team Leaders) The Working Group on Artificial Intelligence and Entertainment is a joint venture between the Task Force and the Entertainment Law Committee. The primary mission of the Working Group is to draft an analysis on certain major AI issues in entertainment. Working Group members include (1) Todd Beharry, Entertainment Law Committee Member and Senior Associate at Wood Smith Henning & Berman LLP; (2) Brenda Gill, Task Force Subcommittee on Cybersecurity and Data Protection Member and Partner at Bartholow & Miller LLP; (3) Stephanie Jacqueney, Entertainment Law Committee Chair and Legal and Business Affairs Consultant at Law Offices of Stephanie Jacqueney; (4) Stuart Levi, Task Force Subcommittee on Artificial Intelligence in Commerce and Finance Co-Chair and Partner at Skadden Arps; (5) Robert Marotta, Entertainment Law Committee Member and in-house counsel at Greenpoint Film Festival; (6) Clinton Morrison, Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Partner at Patterson Belknap Webb & Tyler LLP; (7) Donovan Rodrigues, Entertainment Law Committee Member and Founder and Managing Attorney at Rodrigues Law; (8) Jerome Walker, Task Force Co-Chair and Partner at Jerome Walker PLLC; and (9) Yilan Wang, Entertainment Law Committee Member and Law Clerk at Leason Ellis LLP.
- Working Group on Artificial Intelligence Sentience (Katherine Forrest and Jerome Walker, co-chairs) The primary mission of the Working Group is to draft a report on Artificial Intelligence Sentience. Working Group members include (1) Rim Belaoud, Manager, Forensic Technology, Forensic Risk Alliance; (2) Azish Filabi, Executive Director, the American College Cary M. Maguire, Center for Ethics in Financial Services; (3) Katherine Forrest, Partner at Paul, Weiss and former U.S. District Court Judge, Southern District of New York; (4) Margot Hanley, PhD, Research Director, Cognitive Futures Lab at Duke University; (5) Moiz Khan, Head of Engineering and AI Market Development at MathWorks; (6) Robert Mahari, CEO and Founder, Akiva AI, and former Associate Director, CODEX, Sanford University Center for Legal Informatics; (7) Lenka Molins, Associate Director, Artificial Intelligence and Internet Advisory at Deloitte London; and (8) Jerome Walker, Partner at Jerome Walker PLLC.
RECENT WORK TO DATE
January 2023
On January 31, 2023, the Task Force hosted the City Bar’s first CLE Program on 22 N.Y.C.R.R. 1500, which requires New York lawyers to obtain CLE credits in Cybersecurity, Privacy and Data Protection. The program was moderated by Irene Byhovsky: City Bar Task Force on Digital Technologies Subcommittee on Cybersecurity, Privacy and Data Protection, Co-Chair; City Bar Science & Law Committee, Chair; and Legislative Counsel at New York City Council and featured Alona Katz: City Bar Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities and Subcommittee on Cybersecurity, Privacy and Data Protection, Member and Chief of the Virtual Currency Unit of the Brooklyn District Attorney’s Office; Brian Rauer: City Bar Task Force on Digital Technologies Subcommittee on Cybersecurity, Privacy and Data Protection, Co-Chair; City Bar Consumer Affairs Committee, Member; and General Counsel and Executive Director, Better Business Bureau of Metropolitan New York and Mid-Hudson BBB; Adam Scott Wandt: City Bar Task Force on Digital Technologies Subcommittee on Cybersecurity, Privacy and Data Protection, Co-Chair; City Bar Technology, Cyber and Privacy Law Committee, Co-Chair; and Assistant Professor of Public Policy and Vice Chair for Technology of the Department of Public Management at John Jay College of Criminal Justice; Rick Borden: Partner at Frankfurt Kurnit; Elizabeth Roper: Partner at Baker & McKenzie LLP; and Mike Tzitzikalakis: Assistant Special Agent in Charge, Homeland Security Investigations US Department of Homeland Security. The CLE program is still one of the most well attended CLE programs for the City Bar.
February 2023
On February 16, 2023, the Task Force released its Report in Support of the Enactment of the New York Version of the Amendments to the Official Text of the Uniform Commercial Code (2022). The Report is the product of 17 months of hard work and collaboration of more than 100 professionals. The Amendments are designed to modernize, rationalize, and clarify New York’s UCC so that it effectively governs important transactions in digital assets, while applying to certain digital assets the unique characteristics of New York law that facilitate the negotiability of written instruments and, thereby, enhance transactional certainty. The Amendments also further the purpose of New York’s Electronic Signature and Records Act – now almost a quarter-century old – to make commercial law more media-neutral in order to facilitate electronic commerce, i.e., use of technology to accomplish transactions traditionally based on delivery of signed paper documents. Most importantly, the Amendments utilize the concept of a Controllable Electronic Record (CER) to provide legal recognition for, and thereby facilitate the creation of, a broad range of new forms of intangible property or digital assets (rather than limiting digital assets to specifically enumerated types of property) and to define the rights of purchasers of such digital assets in order to enhance their commercial utility. Second, CER is defined broadly, so that it is technology-neutral and not limited to any particular existing technology utilized to establish control. Third, the Amendments specifically recognize controllable accounts, and controllable payment intangibles, as digital assets. These are accounts and payment intangibles which, by their terms, the obligor has agreed are payable only to the person in control of a specified CER. Enactment of the New York Amendments will eliminate existing impediments to the choice of New York law and jurisdiction to govern transactions in, and to resolve disputes concerning, digital assets. More than that, enactment of the Amendments would make choice of New York law and jurisdiction affirmatively attractive for purchasers of digital assets. This will further New York’s long-standing goals (i) of encouraging choice of New York law and jurisdiction to govern commercial contracts and (ii) of making the advantages of electronic commerce available to the greatest extent in New York. The Amendments, crafted specifically for New York, are intended to preserve, and apply existing New York-specific principles, particularly those protecting the rights of good faith purchasers of negotiable instruments and documents, to transactions involving digital assets which are the electronic equivalent of such instruments and documents. By updating New York’s UCC to cover all digital assets that are CERs, prompt enactment of the Amendments would encourage parties to choose New York law and courts to govern commerce in digital assets, particularly those which function as electronic money or electronic notes, drafts, bills of exchange, or other electronic media.
The Task Force Report includes a proposed bill that could be used to update the New York UCC. Task Force leaders, in coordination with the City Bar’s Policy Department, Uniform Law Commissioners (ULC), and American Law Institute (ALI) representatives, periodically conduct outreach to policymakers and their staff and other stakeholders to gain support and sponsorship for the proposed amendments that have been introduced in New York. Task Force members worked very closely with the City Bar Policy Department and representatives from the ULC/ALI to help Senator Brad Hoylman-Sigal, Chair of the New York Senate Committee on the Judiciary, introduce S.7244 in the New York State Senate and Assemblyman Alex Boris, Member of the New York State Assembly Committee on Science and Technology, introduce A.10579 in the New York State Assembly. Two of the primary purposes of S.7244-A/A.10579 are to modernize the New York UCC and help New York (1) remain the preferred U.S. jurisdiction for paper-based commercial and financial transactions and (2) become the preferred U.S. jurisdiction for transactions involving digital assets. The scope of the bills is limited to New York commercial and financial law and would change a limited number of sections of the New York UCC with the goal of modernizing the New York UCC. The New York UCC has provided commercial law rules for a variety of types of commercial transactions for over sixty years. As the economy evolves, it has been amended from time to time to reflect current transactional patterns. The substantive changes to the New York UCC are necessary to create a New York tailored version of the UCC Model Amendments approved by the Uniform Law Commission and the American Law Institute, and already adopted in almost two dozen states and the District of Columbia (as of April 30, 2024). Click here for updates.
May 2023
In May 2023, the Task Force introduced a 12-part Podcast Series on Digital Technologies. The podcasts are available on the Task Force Dashboard and are an excellent source for identifying the most important digital technologies issues. In addition, in May 2023, the Task Force agreed to partner with CJA to establish JAAI. In May 2023, the Task Force also established the New York AG Proposal Working Group. This working group includes a cross disciplinary group of 17 Task Force Members across multiple practice areas. Simultaneously, the Task Force established the House Framework for Digital Asset Regulation Working Group. This working group includes a cross disciplinary group of 35 Task Force Members across multiple practice areas.
June 2023
On June 6, 2023, the Task Force, jointly with the City Bar Commercial Law & Uniform State Laws Committee, hosted the City Bar’s first CLE program on How The 2022 Amendments to the Uniform Commercial Code Will Affect Your Practice. The seminar was moderated by Lorraine McGowen: City Bar Task Force on Digital Technologies, Co-Chair; City Bar Commercial Law & Uniform State Laws Committee, Member; and Partner at Orrick, Herrington & Sutcliffe LLP and featured Tracey Chenoweth: City Bar Task Force on Digital Technologies Subcommittee on Cryptocurrencies, Co-Chair; City Bar Commercial Law & Uniform State Laws Committee, Member; and Partner at Skadden Arps; Alan Kolod: City Bar Task Force on Digital Technologies, Member; City Bar Commercial Law & Uniform State Laws Committee, Member; and Senior Counsel at Moses Singer; Eric Marcus: City Bar Commercial Law & Uniform State Laws Committee, Member and Retired Partner at Arnold & Porter Kaye Scholer LLP; Sandra Rocks: American Law Institute, Member; ULC/ALI Drafting Committee for the 2022 Amendments to the Uniform Commercial Code to address Emerging Technologies, Member; American Bar Association Business Law Section Task Force on Intermediated Securities Holding Infrastructure, Co-Chair; and Counsel Emeritus at Cleary Gottlieb; Gregory Rowland: City Bar Task Force on Digital Technologies Subcommittee on Cryptocurrencies, Co-Chair; City Bar Committee on Investment Management Regulation, Member; and Partner at Davis Polk; Edwin Smith: City Bar Task Force on Digital Technologies Subcommittee on Articles and Blogs, Co-Chair; City Bar Commercial Law & Uniform State Laws Committee, Member; Massachusetts Uniform Law Commissioner; ULC/ALI Drafting Committee for the 2022 Amendments to the Uniform Commercial Code to address Emerging Technologies, Chair; Permanent Editorial Board for the Uniform Commercial Code, Member; and Partner at Morgan, Lewis & Bockius LLP; and Sandra Stern: City Bar Commercial Law & Uniform State Laws Committee, Member; New York Uniform Law Commissioner; ULC/ALI Drafting Committee for the 2022 Amendments to the Uniform Commercial Code to address Emerging Technologies, Member; and Partner at Nordquist & Stern PLLC.
On June 14, 2023, the Task Force released a podcast introducing the Task Force and its subcommittees. The podcast is available at introducing the Task Force. This podcast featured the Task Force Co-Chairs: Lorraine McGowen; Edward So: City Bar Task Force on Digital Technologies, Co-Chair; City Bar Futures & Derivatives Regulation Committee, Secretary; and Partner at White & Case; and Jerome Walker.
August 2023
On August 1, 2023, the Task Force released a podcast on The ChatGPT Case (Mata v. Avianca, Inc.) and AI in Courts. The podcast was moderated by Harut Minasian: City Bar Working Group on Judicial Administration and Artificial Intelligence, Chair; City Bar Council on Judicial Administration, Member; State and Federal Court Judicial Law Clerk and featured Richard Hong: City Bar Council on Judicial Administration, Member; City Bar Federal Courts Committee, Chair; and Partner at Morrison Cohen; and Stuart Levi: City Bar Task Force on Digital Technologies Subcommittee on Artificial Intelligence, Co-Chair; Working Group on Judicial Administration and Artificial Intelligence, Member; and Partner at Skadden Arps.
On August 10, 2023, the Task Force released a podcast Web3 – The World of Decentralized Tech. The podcast featured Lewis Cohen: City Bar Task Force on Digital Technologies Subcommittee on Web3, Co-Chair and Partner at Cahill Gordon and Beth Haddock: City Bar Task Force on Digital Technologies Subcommittee on Web3, Co-Chair; City Bar Compliance Committee, Member; Independent Director to GMO-Z.com, a yen and US dollar-backed stablecoin and the Stablecoin Standard, an industry think tank; Chief Legal Officer at AdvisorEngine, a subsidiary of Franklin Templeton; and Managing Partner at Warburton Advisers.
October 2023
On October 12, 2023, the Task Force hosted the City Bar’s first CLE program on The State of Stablecoins. The program covered regulated stablecoins (not algorithmic products); a survey of banking, securities, and other applicable laws and risk management, governance, and compliance issues; a survey of legal, regulatory and policy issues; federal and state efforts with an emphasis on banking and securities; custody, operational resilience, and contagion/systemic risk; disclosures, financial audits, and the expectations of stakeholders; international efforts – MICA as an example for comparative analysis; US legislative proposals; types of stablecoin products; benefits and risks; risk management discussion for product development; BIS Annual Economic Report and Financial Stability Board recommendations; ethics for navigating compliance; Europe’s encouragement of early adoption of MICA, US regulatory alerts, and other developments; compliance programs for state and federal oversight; global best practices for operational resiliency and distribution issues; and what market participants and other stakeholders should expect in the future. This webinar was moderated by Beth Haddock and featured Olta Andoni: Enclave Markets General Counsel and Chief Compliance Officer; Matthew Homer: Former Executive Deputy Superintendent, Research and Innovation, New York State Department of Financial Services and Managing Member at Department of XYZ; Asad Kudiya: Deputy Associate General Counsel, Banking Regulation & Policy Group, Board of Governors of the Federal Reserve System; Gregory C. Padgett: Senior Counsel, Securities and Exchange Commission, Division of Enforcement; David Portilla: Partner at Davis Polk; and Ramy Soliman: Policy Lead and Co-Founder at Stablecoin Standard.
Similarly, on October 12, 2023, the Task Force released a podcast on Asset Tokenization and Blockchain featuring Robert Schwinger: City Bar Task Force on Digital Technologies Subcommittee on Distributed Ledger Technology and Blockchain, Co-Chair and Partner at Norton Rose Fulbright US LLP and Hector Velez: City Bar Task Force on Digital Technologies Subcommittee on Distributed Ledger Technology and Blockchain, Co-Chair; City Bar Futures & Derivatives Regulation Committee, Member; and General Counsel at Flowcarbon.
November 2023
On November 15, 2023, the Task Force released a podcast further explaining the Importance of New York Updating the New York Uniform Commercial Code. The podcast was moderated by Sandra Rocks and featured Neil B. Cohen (retired) Jeffrey D. Forchelli Professor of Law at Brooklyn Law School; Reporter for Revised Article 1 of the Uniform Commercial Code and for the American Law Institute’s Restatement of the Law of Suretyship and Guaranty; Director of Research of the Permanent Editorial Board for the Uniform Commercial Code; Drafting Committee for revising various articles of the Uniform Commercial Code, including the two most recent revisions of Article 9 (Secured Transactions), and has served as an adviser for several projects of the American Law Institute, including Principles of Software Contracts and the Restatement of the Law of Conflict of Laws; Eric Marcus; Lorraine McGowen; and Edwin Smith.
On November 30, 2023, JAAI released a podcast about AI in a criminal case called Is AI in Litigation Ready for Primetime? (U.S. v. Michel). The podcast was moderated by Harut Minasian and featured Richard Hong; Stuart Levi; and David Zaslowsky: City Bar Task Force on Digital Technologies, Member and Partner at Baker and McKenzie.
December 2023
On December 21, 2023, the Task Force released a podcast on the November 7, 2023, CFPB Proposal and Request for Public Comment on Defining Larger Participants of a Market for General Use Digital Consumer Payment Applications . The podcast was moderated by Jerome Walker and featured Stephen Aschettino: City Bar Task Force on Digital Technologies Subcommittee on Payment Services and Systems, Co-Chair and Partner at Steptoe LLP; Melissa Baal Guidorizzi: City Bar Task Force on Digital Technologies Subcommittee on Digital Technologies Consumer Protection, Co-Chair; senior official at the Consumer Financial Protection Bureau; and Partner at Orrick, Herrington & Sutcliffe LLP and Eamonn Moran: City Bar Task Force on Digital Technologies Subcommittee on Digital Technologies Consumer Protection, Co-Chair; senior official at the Consumer Financial Protection Bureau; and Senior Counsel at Norton Rose Fulbright US LLP.
January 2024
On January 4, 2024, the Task Force released a podcast called Closing the Digital Divide. The podcast featured Robert Marchman: City Bar Task Force on Digital Technologies Subcommittee on the Digital Divide, Co-Chair; City Bar Diversity, Equity and Inclusion Committee, Member; and Senior Policy Advisor on Diversity and Inclusion, US Securities and Exchange Commission and Jolevette Mitchell: City Bar Task Force on Digital Technologies Subcommittee on the Digital Divide, Co-Chair; City Bar Consumer Affairs Committee, Chair; and Vice President and Senior Counsel at Apple Bank.
On January 26, 2024, the Task Force released a podcast called What is the Metaverse, Really? The podcast was moderated by Jerome Walker and featured Terrence Dugan: City Bar Task Force on Digital Technologies Subcommittee on the Metaverse, Co-Chair; City Bar Entertainment Law Committee, Chair; and Partner at O’Melveny & Myers and Flora Lau: City Bar Task Force on Digital Technologies Subcommittee on the Metaverse, Co-Chair; City Bar Entertainment Law Committee, Member; and Associate General Counsel at Influential.
February 2024
On February 23, 2024, the Task Force, jointly with the City Bar Banking Law Committee, the City Bar Compliance Committee, the City Bar Technology, Privacy and Cyber Law Committee, and the City Bar White Collar Crimes Committee, hosted an Emerging Technologies Symposium featuring a Fireside Chat by Fireside Chat by Tara La Morte: Chief, Illicit Finance & Money Laundering Unit Asset Forfeiture Coordinator, U.S. Attorney’s Office, Southern District of New York and Noah Solowiejczyk, Deputy Chief, Illicit Finance & Money Laundering Unit U.S. Attorney’s Office, Southern District of New York and a Keynote address by Commodity Futures Trading Commission Commissioner Kristin Johnson
The symposium included five panels:
- Emerging Technologies Litigation and Enforcement:
This panel was moderated by City Bar White Collar Crimes Committee Chair and Kaplan Hecker & Fink LLP Partner Jenna Dabbs and featured Bradley Dizik: Vice President at Guidepost Solutions LLC; Jason P. Gottlieb: Partner at Morrison Cohen LLP; Gene Ingoglia: Partner at Allen & Overy; Parvin Daphne Moyne: Partner at Akin Gump; and Torrey Young: Partner at Mukasey Young LLP.
- Hot Topics in Emerging Technologies:
This panel was moderated by Task Force on Digital Technologies Subcommittee on Artificial Intelligence Co-Chair Adele Hogan and featured Task Force on Digital Technologies Member and Adjunct Professor, Columbia University Law School, Former U.S. Department of Justice Special Counsel for Health Care Fraud, New York Deputy Attorney General for the Criminal Division, and Deputy Attorney General for Policy, Former Assistant United States Attorney for the Eastern District of Pennsylvania, and City Bar Health Law Committee Chair, Debra Cohn; Task Force on Digital Technologies Subcommittee on Web3 Co-Chair Beth Haddock; Task Force on Digital Technologies Subcommittee on Large Language Models Co-Chair Robert Mahari; and Task Force on Digital Technologies Subcommittee on Cybersecurity and Data Protection Co-Chair Alexander Southwell.
- Client Counseling in Emerging Technologies:
This panel was moderated by Task Force on Digital Technologies Subcommittee on Non-Fungible Tokens Co-Chair Tiffany J. Smith and featured Conway Ekpo: Director, Associate General Counsel at Brex; Task Force on Digital Technologies Subcommittee on Distributed Ledger Technology and Blockchain Co-Chair Ben Melnicki; and Michael Selig: Partner at Willkie Farr & Gallagher LLP
- Ethics in Emerging Technologies:
This panel was moderated by Task Force on Digital Technologies Subcommittee on Artificial Intelligence Co-Chair Adele Hogan and featured Javier Alvarez: Senior Managing Director at Stout; Meredith Fitzpatrick: Director for Cryptocurrency Investigations and Compliance at Forensic Risk Alliance and Former Special Agent, FBI; Task Force on Digital Technologies Member Brian S. Korn; and Tony Phillips: Partner at Pillsbury Winthrop Shaw Pittman.
- AML/CFT and Other Financial Crime Issues in Emerging Technologies:
This panel was moderated by Task Force on Digital Technologies, Co-Chair Jerome Walker and featured Task Force on Digital Technologies Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities Co-Chair Kyle Armstrong; Task Force on Digital Technologies Subcommittee on Articles and Blogs Co-Chair Angelena Bradfield; and Elizabeth “Lili” Kudirka: Special Agent, New York Federal Bureau of Investigation.
On February 26, 2024, the Task Force released a podcast called Digital Revolutions in Mobility. The podcast was moderated by Lorraine McGowen and featured Leta Margaret Barry: City Bar Task Force on Digital Technologies Subcommittee on Electronic Mobility Services, Co-Chair; City Bar Environmental Law Committee, Co-Chair (2020-23); and Environmental Law Writer at the Sabin Center for Climate Change Law, Columbia Law School; Matthew Daus: City Bar Task Force on Digital Technologies Subcommittee on Electronic Mobility Services, Co-Chair; City Bar Transportation Committee, Chair; and Partner at Windels Marx; and Elizabeth Stein: City Bar Task Force on Digital Technologies Subcommittee on Electronic Mobility Services, Co-Chair; City Bar Energy Committee, Chair; State Policy Director, Institute for Policy Integrity, New York University School of Law.
March 2024
On March 7, 2024, the Task Force released a podcast: Fighting for National Security and Financial Stability in the Digital Tech Arena. The podcast was moderated by Jerome Walker and featured Kyle Armstrong: City Bar Task Force on Digital Technologies Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities, Co-Chair; Director of Law Enforcement Relations at TRM; and former FBI Unit Chief of the FBI’s Counterterrorism Finance Targeting Unit; Jessi Brooks: City Bar Task Force on Digital Technologies Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities, Co-Chair and Chief Compliance Officer, Ribbit Capital; Clark Abrams: City Bar Task Force on Digital Technologies Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities, Member; City Bar Compliance Committee, Member; and Chief, Money Laundering and Financial Investigations Unit, Special Narcotics Prosecutor for the City of New York; and Alona Katz: City Bar Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities and Subcommittee on Cybersecurity and Data Protection, Member and Chief of the Virtual Currency Unit of the Brooklyn District Attorney’s Office.
On March 11, 2024, the Compliance Committee Subcommittee on Technology, Cybersecurity and Data Privacy & Working Group on Artificial Intelligence and Machine Learning, with substantial assistance from the Task Force, released a Report on Artificial Intelligence and Machine Learning in Financial Services: Opportunities and Challenges in Anti-Money Laundering and Combatting the Financing of Terrorism.
On March 21, 2024, the Task Force hosted a Webinar on How the Uniform Commercial Code Affects Transactions with Small Businesses. This webinar was moderated by Task Force Subcommittee on Cybersecurity and Data Protection Co-Chair Brian Rauer and featuring retired Professor Neil Cohen: The Jeffrey D. Forchelli Professor of Law, Brooklyn Law School and the Director of Research of the Permanent Editorial Board for the Uniform Commercial Code and a member of the American Law Institute; Eric Marcus: Retired Partner, Arnold & Porter Kaye Scholer LLP; and Task Force Subcommittee on Articles and Blogs Co-Chair Edwin Smith. The podcast covered a general overview of the UCC including examples of small business transactions governed by UCC Article 2 (the sale of goods); UCC Article 2A (leases of personal property); UCC Article 4A (funds transfers); UCC Article 5 (letters of credit); UCC Article 7 (documents of title); UCC Article 9 (secured transactions); and Article 12 (controllable electronic records).
April 2024
On April 5, 2024, the Task Force released a podcast titled The State of Fintech moderated by Task Force Subcommittee on Articles and Blogs Co-Chair Angelena Bradfield and featured Parris Sanz, Executive Vice President, General Counsel, and Head of Policy and Government Relations at WebBank; Adam VanWagner, Chief Legal Officer at MoneyLion; Matt Cameron, Head of Policy and Regulatory Affairs at Remitly; and Meredith Fuchs, General Counsel at Plaid. The podcast focused on what’s next for the fintech industry? Fintech has reached mass adoption, with 8 in 10 Americans using a fintech product to manage their finances; send money to friends and family; start a business; or invest for the future. What happens in Washington, DC and state capitals across the country will play a significant role in steering the future of the industry as regulators look to balance innovation with consumer protection.
On April 11, 2024, the Task Force released a podcast tilted The AI Revolution Comes to the Courtroom moderated by Harut Minasian and featured Paul Weiss Partner and former US District Court Judge Katherine Forrest and Duke University Law School Professor and former US District Court Judge Paul Grimm.
May 2024
On May 3, 2024, the Task Force released a podcast titled Ethical Duties Surrounding Digital Technology Innovations moderated by Azish Filabi: City Bar Task Force on Digital Technologies Subcommittee on Artificial Intelligence, Co-Chair and Executive Director, American College Cary M. Maguire Center for Ethics in Financial Services and the Charles Lamont Post Chair of Business Ethics and Associate Professor and featured David George Keyko: City Bar Task Force on Digital Technologies Subcommittee on Ethics in Digital Technologies, Co-Chair; City Bar Professional Ethics Committee, Chair; and Partner at Pillsbury Winthrop Shaw Pittman LLP and Tyler Maulsby: City Bar Task Force on Digital Technologies Subcommittee on Ethics in Digital Technologies, Co-Chair; President of the Association of Professional Responsibility Lawyers and Partner at Frankfurt Kurnit Klein & Selz PC.
On May 16, 2024, the Task Force released a Report on Legislation on the New York Emerging Technologies Amendments to the Uniform Commercial Code drafted by Professor Neil Cohen; Lorraine McGowen; Benjamin Orzeske; Edwin Smith; and Jerome Walker.
On May 16, 2024, the Task Force also released a podcast titled Who Do You Trust to Lead: New York, Colorado or NAIC on Approaches to AI in Insurance moderated by Jerome Walker and featured Task Force Subcommittee on Artificial Intelligence Co-Chair Azish Filabi; Associate Professor of Business Planning, The American College of Financial Services Sophia Duffy; and Task Force Subcommittee on Artificial Intelligence Member and Debevoise Associate Corey Goldstein.
June 2024
On June 3, 2024, the Task Force and CJA released a report titled Artificial Intelligence and the New York State Judiciary: A Preliminary Path
On June 10, 2024, the Task Force hosted the Artificial Intelligence Institute, which featured a Fireside Chat with Jeanette Quick, Deputy Assistant Secretary of Financial Institutions Policy, U.S. Department of the Treasury, Jeh Johnson, Partner at Paul Weiss and former Secretary of Homeland Security, as a lunch time keynote speaker. The moderators included: Alish Filabi: Task Force Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Co-Chair and Executive Director, American College Cary M. Maguire Center for Ethics in Financial Services and the Charles Lamont Post Chair of Business Ethics and Associate Professor for the panel on the Use of Artificial Intelligence in Commerce and Finance; Wendy Butler Curtis: Task Force Subcommittee on Generative Artificial Intelligence and the Law and Chief Innovation Officer at Orrick, Herrington & Sutcliffe LLP on the Use of Large Language Models and Generative Artificial Intelligence; Harut Minasian: Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary; City Bar Council on Judicial Administration Member; and Judicial Law Clerk, U.S. District Court, Western District of Texas on the Use of Artificial Intelligence in the New York Judiciary; and Jerome Walker on the Use of Artificial Intelligence in Anti-Money Laundering and Combatting the Financing of Terrorism Compliance.
The panelists included: Clark Abrams: Task Force Subcommittee on Artificial Intelligence and National Security Member; City Bar Compliance Committee Founder and former Member; and Chief, Money Laundering and Financial Investigations Unit, Special Narcotics Prosecutor for the City of New York; Henry Balani: Global Head of Industry & Regulatory Affairs, Encompass Corporation; Adjunct Professor of Business, Northern Illinois University; and Adjunct Professor of Law, Case Western Reserve University School of Law; Elizabeth “Lili” Kudirka: Special Agent, New York Federal Bureau of Investigation; Liat Shetret: Task Force Subcommittee on Financial Inclusion Co-Chair and Director of Global Policy and Regulation at Elliptic; Robert Mahari: Task Force Subcommittee on Analyzing the Benefits and Risks of Using Generative Artificial Intelligence Co-Chair and JD-PhD, Harvard Law School and MIT Media Lab; Julie Chapman: North America General Counsel at LexisNexis; Ali Vahdat: Task Force Subcommittee on Analyzing the Benefits and Risks of Using Artificial Intelligence and Applied Research Manager (NLP/ML), Thomson Reuters, Toronto, Ontario, Canada; Guy Ben-Ami: Partner at Carter Ledyard; Corey Goldstein: Task Force on Digital Technologies Subcommittee on Artificial Intelligence in Commerce and Finance Member and Associate at Paul Weiss; Tiffany Smith: Task Force on Digital Technologies Subcommittee on Cryptocurrencies Co-Chair; City Bar Compliance Committee Member; and Partner at WilmerHale; Katherine Forrest: Partner at Paul, Weiss and Chair of the firm’s Digital Technology Group and a member of the Litigation and Antitrust Practice Group; former US District Judge for the Southern District of New York; former Deputy Assistant Attorney General in the US Department of Justice’s Antitrust Division; author of When Machines Can be Judge, Jury and Executioner: Justice in the Age of Artificial Intelligence (on algorithmic bias); author of Is Justice Real When “Reality” is Not: The Construction of Ethical Systems in Virtual Worlds; author of the Artificial Intelligence treatise chapters for Business & Commercial Litigation in New York State Courts (Fifth Edition) and Business & Commercial Litigation in Federal Courts (Fifth Edition), as well as a chapter on emerging issues in copyright law and artificial intelligence in The Law of Artificial Intelligence and Smart Machines; Jake Weiner: Head of Strategic Development at Harvey; and Sateesh Nori: New York University School of Law Professor.
August 2024
On August 29, 2024, the Task Force released a podcast on How to Achieve Cross-Platform Standards with the Metaverse moderated by Task Force Subcommittee on the Metaverse Co-Chairs Terrence Dugan and Flora Lau and featuring former lead of accessibility for WGBH and Yahoo Larry Goldberg and Meta Director and Associate General Counsel Debbie Rosenbaum.
September 2024
On September 16, 2024, the Task Force hosted the Fintech Institute, which featured two fireside chats, one moderated by Lorraine McGowen on The Implementation of Emerging Payment Systems/Processes in Global Monetary Policy: Challenges and Opportunities featuring Marianne Bechara, Senior Legal Counsel, International at the International Monetary Fund and Michel Bamani, Assistant Vice President and Assistant General Counsel at the Federal Reserve Bank of Boston and another moderated by Angelena Bradfield on the State of Fintech featuring Meredith Fuchs, General Counsel at Plaid and former Consumer Financial Protection Bureau General Counsel and Seth Rosenbloom, General Counsel at Betterment.
Panel One covered Payment Services and Distributed Ledger Technology and Blockchain, which explored the laws governing payments that rely upon distributed ledger technology and blockchain and stablecoins, UCC Article 12 (Controllable Electronic Records), payment services partnerships and case law arising from the use of distributed ledger technology and blockchain in payment services and systems. The moderator and lead panelist was Jerome Walker and the other panelists included Justin Levine, Robert Schwinger, Edwin Smith, and Prat Vallabhaneni.
Panel Two covered Paying for Mobility: Legal and Policy Issues in an Evolving Digital Multi-Modal World, which explored innovative payment processes in the mobility sector, and emerging legal, operational and security considerations such as electric vehicle charging payments, Mobility-as-a-Service public-private coordinated payments, mobility data platforms and mobility app integration; data and privacy concerns and the role of freedom of information laws issues as well as how to achieve the policy priorities of sustainability, equity and accessibility through fair and efficient payment processes. The moderator and lead panelist was Matthew Daus and the other panelists included Valerie Chianuri, General Counsel and Head of People/Operations at nTopology; Lisa Daglian, Executive Director of Permanent Citizens Advisory Committee to the MTA; Megan Manfred, Deputy General Counsel at Via; and Arthur Rader, Senior Vice President for Transit (North America) at Flowbird.
Panel Three covered Tax Treatment of Transactions involving Digital Assets, which explored tax issues related to the use of the economic substance doctrine on the purchase/sale of cryptocurrencies, specifically in the absence of wash sale rules that directly apply as well as the tax consequences of wrapping/unwrapping transactions and constructive sales, including loans or other financial transactions involving tokens as well as the timing and character of income from validating rewards (staking and mining) and the de minimis rule to allow for cryptocurrencies to be used as currencies without triggering gain (focusing on foreign currency’s de minimis rule and barter transactions). The moderator and lead panelist was Edward So and other panelists included Roger Brown, Global Head of Tax Strategy at Chainalysis, Inc.; Matthew Foreman; and Erika Nijenhuis, Senior Counsel for Tax Policy at the U.S. Treasury Department.
Panel Four covered Business and Consumer Payment Products and Services in the Digital Age, which explored the promise and the challenge of the increasing digitization of payments products and services with a focus on practical impacts for consumers and small businesses, including the competing tensions for increased access to the payment systems and managing the risks of increased digital fraud. The moderator and lead panelist was Melissa Baal Guidorizzi and other panelists included Sumeet Chugani, General Counsel and Chief Compliance Officer at Cloaked; Christopher D’Angelo, Chief Deputy Attorney General for Economic Justice at the Office of the New York State Attorney General and former Associate Director, Supervision, Enforcement and Fair Lending at the Consumer Financial Protection Bureau; Michelle Gitlitz, Managing Partner at Arktouros PLLC; and Eamonn Moran.
On September 19, 2024, the Task Force released a podcast titled Tokenization of Real-World Assets: Signals from the U.S. House Committee on Financial Services moderated by Task Force Subcommittee on Distributed Ledger Technology and Blockchain Co-Chair Robert A. Schwinger and featuring Task Force Subcommittee on Distributed Ledger Technology and Blockchain Members Tyler Yagman and Don F. Irwin.
October 2024
On October 31, 2024, the Task Force released a podcast titled Could Agentic AI Be Your Next Legal Intern? The podcast was moderated by Orrick’s Chief Innovation Officer Wendy Butler Curtis and featured Task Force Subcommittee on Generative Artificial Intelligence and the Law Co-Chair Robert Mahari and Ironclad Co-Founder Cai Gogwilt. This podcast focused on an overview of agentic AI, emphasizing the importance of defining terms clearly for the audience. The goal is to make the discussion accessible and informative while explaining the significance of this emerging technology.
November 2024
On November 4, 2024, Task Force Co-Chair Lorraine McGowen moderated the November 4, 2024, in-person and remote, UN Summit of the Future focusing on the international regulation of artificial intelligence by the UN and other international bilateral and multilateral agencies registration. The panelists included Chief Economist and Head of Strategy, Analysis and Research Team, Regional Bureau for Africa at the UN Development Programme Dr. Raymond Gilpin, who discussed the position of the UN on the regulation of artificial intelligence in Africa; Task Force Subcommittee on the International Regulation of Artificial Intelligence Member and Lead Counsel Technology and Innovation at the World Bank David Satola, who discussed the World Bank’s position on the international regulation of artificial intelligence; Task Force Subcommittee on Privacy Co-Chair and Partner at McDermott Will & Emery Alexander Southwell, who discussed privacy issues related to the international regulation of artificial intelligence; Task Force Co-Chair Jerome Walker, who discussed national security issues related to the international regulation of artificial intelligence; and Task Force Subcommittee on Cybersecurity and Data Protection Co-Chair and Associate Professor of Public Policy, Deputy Chair for Technology Department of Public Management at John Jay College of Criminal Justice Adam Scott Wandt, who discussed cybersecurity issues related to the international regulation of artificial intelligence.
On November 15, 2024, City Bar Director of Advocacy Kocienda; City Bar Advocacy Department Staff Member Raabia Qasim; Uniform Law Commission Chairman of the New York Delegation Mark Glazer; Task Force Subcommittee on Articles and Blogs Co-Chair, Massachusetts Uniform Law Commissioner, and Partner at Morgan Lewis Edwin Smith; Retired 1901 Distinguished Research Professor of Law, Brooklyn Law School, Director of Research of the Permanent Editorial Board for the Uniform Commercial Code, and American Law Institute Member Neil Cohen; and Task Force Co-Chairs Lorraine McGowen and Jerome Walker revised, updated and replaced the Task Force Talking Points in support of the Enactment of S.7244-A/A10579 and made the updated Talking Points available to City Bar President Muhammad Faridi and City Bar Director of Advocacy Elizabeth Kocienda for their meeting with the New York Governor’s Office.
On November 18, 2024, upon the recommendation of City Bar President Muhammad Faridi, the City Bar Communications Department posted an update on the Task Force titled City Bar Presidential Task Force on AI and Digital Tech Off to Fast and Productive Start.
In addition, on November 18, 2024, and November 26, 2024, Task Force Co-Chair Jerome Walker sought and obtained guidance from City Bar President Muhammad Faridi and City Bar Advocacy Department Senior Policy Counsel Mary Margulis-Ohnuma, regarding the possibility of the Task Force working with City Bar staff to conduct a survey of City Bar members on artificial intelligence.
On November 20, 2024, during the Task Force monthly zoom call, Task Force Subcommittee on Generative Artificial Intelligence and the Law Co-Chairs Robert Mahari and Diana Santos presented the subcommittee’s report to the Task Force. Mahari and Santos reported that the subcommittee is intensifying its efforts to develop a Continuing Legal Education (CLE) webinar centered on generative artificial intelligence. The initial plan is to focus on an artificial intelligence legal research tool developed at MIT which will illustrate many of the capabilities and limitations of generative artificial intelligence. The goal of the CLE webinar would be to simultaneously educate a group of lawyers on generative artificial intelligence tools and to collect valuable data on how these tools interface with lawyers. The Task Force plans to share this data in the form of an academic publication. In addition to the CLE webinar, the subcommittee is planning a panel at the Artificial Intelligence Institute in June 2025. The CLE webinar initiative has emerged as a primary strategy to advance the subcommittee’s goals, particularly its potential to generate actionable insights into how legal practitioners interact with Generative Artificial Intelligence tools. The CLE webinar under development is designed to trial a specific artificial intelligence legal research tool in a controlled educational setting. This approach is expected to yield valuable real-world data on how legal professionals engage with generative artificial intelligence technologies. This evidence-based initiative has significant implications for the profession. It will inform the development of best practices for integrating artificial intelligence into legal work. The insights derived from this program will also provide actionable insights for developers and policymakers to align artificial intelligence tools with the needs of legal professionals.
In addition, on November 20, 2024, during the Task Force monthly zoom call, Task Force Subcommittee on Artificial Intelligence and Legal Ethics Co-Chair David Keyko presented the subcommittee’s report to the Task Force. Keyko reported that the subcommittee has uploaded reports/opinions on artificial intelligence and legal ethics and the subcommittee is in the process of preparing summaries of each of the reports/opinions so that the subcommittee may see any patterns and any outliers. Keyko observed that it appears that the reports/opinions (i) identify as relevant and address the same ethics rules; (ii) offer only general guidance about the application of those rules given that artificial intelligence is rapidly changing; (iii) offer guidance that is generally consistent; and (iv) mostly do not suggest that changes should be made to the Rules/Comments. Notably, according to Keyko, West Virginia opines that lawyers are obligated to disclose to clients when lawyers are using generative artificial intelligence, and a New York State Bar Association report suggests that changes be made to the Rules/Comments. Keyko also reported that the New York State Bar Association Committee on State Standards of Attorney Conduct (COSAC) is preparing a report on potential changes to the Rules of Professional Conduct and Comments. Keyko reported that the subcommittee understands that the current draft proposal is unlikely to suggest changes to the Rules of Professional Conduct or the Comments to the Rules, and, once the report is finalized, the report will be submitted to the New York State Bar Association House of Delegates for review, comment and adoption. The subcommittee plans to consult with COSAC to provide input in advance of COSAC circulating a draft of its report.
On November 28, 2024, Task Force Subcommittee on Artificial Intelligence and National Security Co-Chairs Sabeena Ahmed Liconte and Clark Abrams reported that the subcommittee plans to co-host with the Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities a 2- and one-half hour to 3-hour CLE webinar on how the public and private sectors train on the use of artificial intelligence for risk mitigation, detection and protection. The current plan is to have the CLE webinar broken into two sections. One section will focus on the public sector, comparing US and foreign public sector approaches, while the other section will focus on the private sector, comparing US and foreign private sector approaches. Task Force Co-Chair Jerome Walker will moderate the discussion and some of the panelists will include Ann Heo from the Special Narcotics Prosecutor for the City of New York (or a comparable law enforcement office or regulator); Alexander Eristavi from the City of London Police Department (from a foreign law enforcement agency’s perspective); Task Force Subcommittee on Artificial Intelligence and National Security Member and Steptoe Associate Evan T. Abrams (from a law firm’s perspective); and Task Force Subcommittee on Artificial Intelligence and National Security Member and Forensic Risk Alliance, Forensic Technology Manager Rim Belaoud (from a consultant’s perspective). The goal of the discussion will be to compare and contrast various approaches, including differing artificial intelligence use cases and assessments of perceived vulnerabilities (e.g., cyber risk). In November 2024, Subcommittee Co-Chairs Abrams and Liconte participated in two industry events to both (a) meet with other industry experts and explore possible collaborations on issues impacting artificial intelligence and national security and (b) source potential panelists for the webinar. Liconte attended the first event on November 18, 2024, which was a FinCrime Summit hosted by TransformFinance. Abrams and Liconte attended the second event on November 20, 2024, which was hosted by Rutgers University and titled AI and Financial: Ethical Considerations for the Modern World. Abrams and Liconte are contemplating inviting panelists from the FBI, DOJ and an AI professor from Rutgers University to speak at one of the subcommittee’s events. The subcommittee is also coordinating on a Task Force webinar with the Task Force Subcommittee on the Metaverse, the Task Force Subcommittee on Privacy, and the Task Force Subcommittee on Cybersecurity and Data Protection on a 3-hour CLE webinar on the Metaverse, Artificial Intelligence, Cybersecurity, National Security, and Privacy. The webinar would focus on, among other things, use cases in the Metaverse, with a special focus on the investment and securities industry.
December 2024
On December 13, 2024, Task Force Subcommittee on Artificial Intelligence and Legal Ethics Co-Chairs David Keyko and Tyler Mausby sought the consent of City Bar President Muhammad Faridi and City Bar Advocacy Department Senior Policy Counsel Mary Margulis-Ohnuma in connection with the subcommittee’s request to review and provide comments on a confidential report by the New York State Bar Association Committee on Standards of Attorney Conduct (COSAC) on whether there should be changes to the New York Rules of Professional Conduct. The subcommittee proposed that the Task Force and the City Bar take the position that “Because COSAC proposes that no changes be made, we do not expect that the COSAC report will be voted upon by the NYSBA House of Delegates. Indeed, the report may not be generally circulated. Given this, we do not propose to provide COSAC with any of the language in the draft. The City Bar’s Ethics Committee in Opinion 2024-5 stated in footnote 2: “However, the New York State Bar suggests adoption of certain rules to address Generative AI, which we believe is premature because of the rapid pace of technological development and change. See, e.g., N.Y. State Bar Ass’n, supra, at 53–56. COSAC’s draft report thus agrees with the City Bar’s Ethics Committee. Our committee unanimously agrees with the City Bar’s Ethics Committee and COSAC.” On the same date, President Faridi and Senior Policy Counsel Margulis-Ohnuma approved the Ethics Subcommittee request to respond to COSAC and indicate that the City Bar does not believe any changes should be made to the New York Rules of Professional Conduct.
On December 19, 2024, the Task Force released a podcast on Law & Order & Cryptocurrency Scams. The podcast was moderated by Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities Member and Chief of the Virtual Currency Unit at the Brooklyn District Attorney’s Officer Alona Katz and featured Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities Member and New York Police Department Inspector Osvaldo Nunez; Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities Co-Chair and Queens Assistant District Attorney Jonathan Scharf; Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities Member and Founder at Coeus and former UK Police Central e-crime Unit Met Police Adrian Cheek; and Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities Co-Chair and Coinbase Global Investigations Manager Kristen Spaeth. This podcast focuses on investment and relationship fraud scams and how law enforcement, regulatory agencies and the private sector can work together to address these scams.
In addition, on December 19, 2024, City Bar Director of Advocacy Elizabeth Kocienda; City Bar Advocacy Department Staff Member Raabia Qasim; and Task Force Co-Chairs Lorraine McGowen and Jerome Walker met by Microsoft Teams with American Fintech Council Senior Vice President and Head of Policy and Regulatory Affairs Ian P. Moloney to discuss the prospect of the American Fintech Council support for the Enactment of S.7244-A/A10579, a bill in the New York State Senate and the New York State Assembly to modernize the New York Uniform Commercial Code. The group also discussed the possibility of the Task Force and the American Fintech Council working on joint projects in the future.
On December 20, 2024, Task Force Subcommittee on Electronic Mobility Services Co-Chairs Margaret Barry, Matthew Daus, and Elizabeth Stein submitted a monthly report to the Task Force Co-Chairs indicating that the subcommittee is currently planning a 3rd Quarter 2025 CLE webinar covering a “top to bottom” extensive coverage of autonomous vehicles. The webinar will have three separate components: (1) the regulatory landscape; (2) liability (i.e., who pays); and (3) social fabric impacts (i.e., accessibility; equity; sustainability, etc.). The subcommittee is also planning to discuss this issue in the context of autonomous vehicle operational scaling and how their use of electric vehicles as autonomous vehicles may or may not offset the growing carbon footprint caused be the increased use of artificial intelligence to power autonomous vehicles.
Likewise, on December 20, 2024, Task Force Subcommittee on Behavior Science in Digital Technologies Co-Chairs Tiffany Archer and Amanda Raad submitted for Task Force review and approval a year in review analysis titled 2024 Top Trends in Behavioral Science, Digital Technologies, Data, and AI in Compliance and Enforcement.
On December 23, 2024, Task Force Subcommittee on Digital Technologies Consumer Protection Co-Chairs Melissa Baal Guidorizzi and Eamonn Moran submitted a monthly report to the Task Force Co-Chairs indicating that Subcommittee Co-Chairs Guidorizzi and Moran participated in two industry events to both (a) meet with other industry experts and explore possible collaborations on issues impacting digital technologies consumer protection and (b) source potential panelists for future programming. On December 3, 2024, Co-Chair Guidorizzi was a co-panelist at the Consumer Data Industry Association event exploring how the Consumer Financial Protection Bureau ’s open banking rule will impact the world of open finance and the future of data risk management for both financial and non-financial companies. On December 19, 2024, Co-Chair Moran served as a panelist during an Electronic Transactions Association (ETA) spotlight call, which highlighted the CFPB’s recently issued and long-awaited proposed rule to amend Regulation V to significantly expand the types of businesses, including data brokers, that utilize sensitive consumer information subject to the Fair Credit Reporting Act. This ETA spotlight call discussed various aspects of the proposed rule and how the timing intersects with the incoming administration. The CFPB has released guidance and filed lawsuits against several digital payment systems and wallet providers including against banks providing Zelle services. See Early Warning Services, LLC; Bank of America, N.A.; JPMorgan Chase Bank, N.A.; Wells Fargo Bank, N.A | Consumer Financial Protection Bureau.
January 2025
On January 10, 2025, the Task Force established a new Working Group on Trends and Developments in Crypto to monitor and analyze federal, state, and international developments in crypto with a view towards issuing written statements and reports on behalf of the Task Force. Most crypto commentators agree that the results of the US presidential elections mean that US policies on crypto will change and many state and international governments as well as market participants and other stakeholders will respond to those changes. As a Center of Excellence and Thought Leadership on digital technologies, it is critical that the Task Force play a leading role in analyzing these trends and developments and actively addressing those responses.
On January 16, 2025, the Task Force released a podcast titled Should Lawyers and Judges Be Required to Disclose Their Use of AI moderated by Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Co-Chair David Zaslowsky and featuring Subcommittee on the Use of Artificial Intelligence in the Judiciary Members Maura Grossman, Research Professor, School of Computer Science, University of Waterloo and Adjunct Professor at Osgoode Hall Law School and the Honorable Xavier Rodriguez, U.S. District Judge, U.S. District Court for the Western District of Texas. Among other things, the panelists will discuss proposed legislation in New York that would have imposed a certification requirement on lawyers who used Generative Artificial Intelligence in their court submissions: “AN ACT to amend the civil practice law and rules, in relation to requiring disclosure of use of generative artificial intelligence in a civil action.”
On January 28, 2025, the Task Force issued a year in review analysis titled 2024 Top Trends in Behavioral Science, Digital Technologies, Data, and AI in Compliance and Enforcement.
February 2025
On February 6, 2025, the Task Force released a podcast titled Liabilities and Remedies for AI: Charting New Territory moderated by Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Davis Polk Partner David Lisson; and featuring Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Counsel at Patterson Belknap Webb & Tyler LLP Clinton Morrison; Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Member and Partner at Davis Polk Matthew J. Bacal; Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Member and Director & Associate General Counsel and Head of Strategic Transactions, Licensing and Open Source at Meta Shayne O’Reilly; and Task Force Subcommittee on Task Force Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Member and Senior Director for Society and Intellectual Property, Society Panel, Special Competitive Studies Project Rama G. Elluru. The podcast will cover (1) The EU AI Act; (2) New York Senate bill 9640 sponsored by New York State Senator Brad Hoylman-Sigal; (3) California AI laws, including SB-1047; (4) Other states (e.g. Colorado) and Federal Non-statutory remedies.
On February 14, 2025, Raabia Qasim; Jerome Walker; Task Force Subcommittee on Articles and Blogs Co-Chair and Massachusetts Uniform Law Commissioner and Partner at Morgan Lewis Edwin Smith; and Task Force Special Advisor on the UCC and former 1901 Distinguished Research Professor of Law, Brooklyn Law School, Director of Research of the Permanent Editorial Board for the Uniform Commercial Code, and American Law Institute Member Neil Cohen hosted a follow up meeting with policymakers to discuss the enactment of the NY UCC Modernization Bill. On February 26, 2025, Raabia Qasim; Jerome Walker; Edwin Smith; and Neil Cohen followed up to address specific issues raised by policymakers during the February 14, 2025, meeting with policymakers.
On February 19, 2025, upon the invitation of City Bar Disability Law Committee Co-Chairs Judge Ruth Pickholz and Judge Carol Sharpe, Jerome Walker made a presentation to the City Bar Disability Law Committee as a part of an arrangement between the Task Force and the City Bar Disability Law Committee to work together for the benefit of people with disabilities and underserved communities. Walker explained that the Task Force has established a Subcommittee on the Impact of Artificial Intelligence on People with Disabilities and Underserved Communities that will include a maximum of 10 members, 2 of which will be co-chairs. He also explained that the Task Force had reserved 3 subcommittee slots for members of the City Bar Disability Law Committee who are recommended to the Task Force by Judge Pickholz and Judge Sharpe, vetted and supported by the Task Force Co-Chairs. The members of the subcommittee include (1) Ariana Aboulafia, Disability Rights Advocate Project Lead at the Center for Democracy & Technology; (2) Michael Bervell, Founder and CEO at TestParty; (3) Cynthia Bennett, Senior Research Scientist, Responsible AI, Human-Computer Interaction, Disability, Accessibility at Google; (4) Larry Goldberg, former Head of Accessibility at Yahoo; (5) Jutta Treviranus, Director and Professor, Inclusive Design Research Centre at the OCAD University, Toronto, Canada; and (6) Sakeena Trice, Senior Staff Attorney at the New York Lawyers for the Public Interest. The primary mission of the subcommittee includes addressing the implications and impact of the use of artificial intelligence on people with disabilities and underserved communities and the response of the judiciary and policymakers at the federal, state, and local levels on enacting or modifying laws to take into account people with disabilities and underserved communities.
On February 20, 2025, the Task Force Subcommittee on the Use of Artificial Intelligence in Commerce and Finance published an analysis titled Reflections on US Treasury Department Report on AI in Financial Services.
On February 20, 2025, the Task Force released a podcast titled Analyzing President Trump’s Executive Order on Digital Financial Technology. The podcast was moderated by Task Force Co-Chair Jerome Walker and featured Task Force Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Co-Chair and Skadden Arps Partner Stuart Levi and Task Force Subcommittee on Crypto Products and Services Co-Chair and WilmerHale Partner Tiffany Smith.
March 2025
On March 5, 2025, Task Force Members Edwin Smith and Jerome Walker along with Task Force Advisors Neil Cohen and Uniform Law Commission General Counsel Benjamin Orzeske updated the Task Force Talking Points and the Task Force Memo in support of the enactment of the NY UCC Modernization Bill.
On March 6, 2025, the Task Force released a podcast titled Analyzing President Trump’s Executive Order on Artificial Intelligence. The podcast was moderated by Task Force Co-Chair Jerome Walker and the panelists for the podcast included Task Force Subcommittee on Artificial Intelligence and National Security Member and Deloitte Managing Director, Risk and Financial Advisory Nikhil Aggarwal; Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Co-Chair and Paul, Weiss Associate Harut Minasian; and Task Force Subcommittee on the International Regulation of Artificial Intelligence Co-Chair and BakerHostetler Partner Nichole Sterling.
On March 11, 2025, the Task Force hosted an in-person all day CLE program called the Crypto Institute. This was the first City Bar Crypto Institute and included a keynote address by Ryan VanGrack, Vice President of Legal and Global Head of Litigation at Coinbase and five panels: (1) Reading the 2025 Tea Leaves from Washington, D.C. (e.g., actions taken by Congress and the Trump Administration during the first quarter 2025), moderated by Jerome Walker and featured Lewis Cohen: Partner at Cahill Gordon and Co-Chair of the Task Force Subcommittee on Web3 and Matthew Solomon: Partner at Cleary Gottlieb; (2) Understanding the Crypto Market (e.g., crypto business models; crypto products and services; and crypto assets), moderated by Beth Haddock: Independent Director to GMO-Z.com and the Stable Standard; Chief Legal Officer at AdvisorEngine and Co-Chair of the Task Force Subcommittee on Web3 and featured Matthew Beville: Partner at WilmerHale; Lewis Cohen; Thomas Cowan: Vice President of Tokenization at Galaxy; and Ronak Daya: Head of Product at Paxos; (3) Understanding the Regulation of Crypto (e.g., federal regulation; state and local regulation; and international regulation) moderated by Jeremy Moorehouse: Chief Legal Officer at Lionsoul Global and featured Christine Parker: Deputy General Counsel at Circle; Anthony Tu-Sekine: Partner at Seward & Kissel LLP; and Yvette Valdez: Partner at Latham & Watkins LLP; (4) Understanding Problems that Might Arise (e.g., adverse claims and insolvency; litigation; and enforcement actions) moderated by Lorraine McGowen; and featured Mark A. Renzi: Managing Director at Berkeley Research Group, LLC; Robert Schwinger: Partner at Norton Rose Fulbright US LLP and Co-Chair of the Task Force Subcommittee on Distributed Ledger Technology and Blockchain; Allyson B. Smith: Partner at Kirkland & Ellis; and Edwin Smith: Massachusetts Uniform Law Commissioner, Partner at Morgan Lewis and Member of the Task Force Subcommittee on Crypto Products and Services; and (5) Understanding Potential Game-Changing Possibilities (e.g., banks actively engaging in crypto activities with support from banking agencies; law enforcement embracing the benefits of crypto; and the crypto industry embracing regulation), moderated by Jerome Walker and featured James Lee: Global Head of Capacity Building at Chainalysis, former Chief at the Internal Revenue Service, Criminal Investigation Division and Member of the Task Force Subcommittee on Artificial Intelligence and National Security; Jonathan Scharf: Deputy Bureau Chief & Cryptocurrency Investigations and Coordinator Major Economic Crimes Queens District Attorney’s Office and Co-Chair of the Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities; Tara La Morte: Chief Illicit Finance & Money Laundering Unit and Asset Forfeiture Coordinator, U.S. Attorney’s Office, Southern District of New York; and Kristen Spaeth: Global Intelligence Manager at Coinbase and Co-Chair of the Task Force Subcommittee on Law Enforcement and Regulatory Agency Digital Technologies Activities.
On March 19, 2025, Task Force Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Co-Chair and Executive Director, American College Cary M. Maguire Center for Ethics in Financial Services Azish Filabi moderated a podcast titled Artificial Intelligence Governance in the Financial Services Industry. The panelists included Task Force Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Co-Chair and Skadden Arps Partner Stuart Levi and Task Force Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Members Corey Goldstein, Associate at Paul, Weiss; Adam Marchuck, Managing Director and General Counsel at Citi; Muyiwa Odeniyide, Director & Associate General Counsel at Nasdaq; Jordan Miner Romanoff, Senior Director and Senior Managing Counsel, Co-Head Intellectual Property Legal, Head of Marketing & Communications Legal at BNY Mellon; and Peggy Tsai, Chief Data Officer at BigID. The podcast explored (1) different models of AI governance; (2) how to balance business needs, technology risks, regulatory requirements, and ethical considerations; (3) evolving industry best practices to create governance models; and (4) the role of the “AI lawyer” in shaping the future of law, ethics, and responsible innovation.
On March 27, 2025, the Task Force hosted a CLE webinar on The Role of Regulation in Artificial Intelligence. The webinar was moderated by Task Force Subcommittee on Generative Artificial Intelligence and the Law Co-Chair and Harvard Law School and MIT Media Lab Robert Mahari and will feature Task Force Subcommittee on Artificial Intelligence and National Security Member and Manager, Forensic Technology Forensic Risk Alliance Rim Belaoud; Task Force on Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Member and Senior Director for Society and Intellectual Property Society Panel Special Competitive Studies Project Rama G. Elluru; Task Force on Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Davis Polk Partner David Lisson; Task Force Subcommittee on Generative Artificial Intelligence and the Law Member and Connection Science Fellow MIT Connection Science and former Chief Architect EU AI Act European Commission Gabriele Mazzini; Task Force Subcommittee on Generative Artificial Intelligence and the Law Co-Chair and Senior Counsel, IBM Consulting and Global Generative AI Lead IBM Diana Santos; and Task Force Subcommittee on the International Regulation of Artificial Intelligence Member and Partner at Simmons & Simmons and Global AI Lead Minesh Tanna.
April 2025
On April 15, 2025, the Task Force published its Quarterly Blog on Task Force Activities titled City Bar Presidential Task Force on AI and Digital Tech Continued Fast and Productive Pace During the 4th Quarter 2024 and the 1st Quarter 2025.
On April 17, 2025, the Task Force released a podcast tilted How Microsoft AI Is Expanding Capacity for DACA Clinics with the North West Immigrant Rights Project.
May 2025
On May 2, 2025, City Bar Associate Policy Counsel Raabia Qasim; Task Force Co-Chairs Lorraine McGowen and Jerome Walker; Task Force Subcommittee on Articles and Blogs Co-Chair, Massachusetts Uniform Law Commissioner and Partner at Morgan Lewis Edwin Smith; and Task Force Special Advisor on the UCC and former 1901 Distinguished Research Professor of Law, Brooklyn Law School, Director of Research of the Permanent Editorial Board for the Uniform Commercial Code, and American Law Institute Member Neil Cohen provided final comments on the Sponsors Memo to the NY UCC Modernization Bill.
On May 4, 2025, the Task Force submitted for review and approval a Task Force analysis titled Current Ethics Opinions and Reports Related to Generative Artificial Intelligence. The analysis was drafted by the Task Force Subcommittee on Artificial Intelligence and Legal Ethics and peer reviewed by the Task Force Subcommittee on Articles and Blogs. The analysis highlights key requirements from American Bar Association (ABA) ethics opinions, formal ethics opinions from California, Washington, D.C., Florida, Kentucky, Michigan, North Carolina, New York (i.e., the New York City Bar Association and the New York State Bar Association), Pennsylvania (e.g., the Philadelphia Bar Association), Minnesota, Missouri, West Virginia, and the Massachusetts Attorney General and the New York Attorney General. The analysis also summarizes ethics opinions, bar association reports, and other resources and covers how the legal profession is currently using AI.
On May 6, 2025, City Bar Associate Policy Counsel Raabia Qasim; Task Force Co-Chairs Lorraine McGowen and Jerome Walker; and New York Uniform Law Commissioner and Head of the New York Delegation Mark Glaser participated in the weekly leadership zoom call of the City Bar Policy Department, the Task Force and the New York Delegation in support of the NY UCC Modernization Bill. During the call, the leaders reviewed and updated the strategic plan to support enactment of the NY UCC Modernization Bill and other issues. The plan needed to be updated to take into account the passage of the New York State budget and the remaining legislative days in the current legislative session.
On May 8, 2025, Task Force Co-Chairs Edward So and Jerome Walker and City Bar Associate Policy Counsel Raabia Qasim met in person at the City Bar with 2025 Eisenhower Global Fellow José Flórez to discuss Task Force work on artificial intelligence policy and digital technologies, particularly regarding the creation of a Center of Excellence and Thought Leadership. News of the meeting was covered in the City Bar May 12, 2025 edition of 44th Street eNews. The request was in the context of Colombia drafting its first comprehensive AI law, ensuring its alignment with global best practices. Flórez is the director of the PhD in Political Studies program at the Externado University of Colombia. He previously served as director of policy and strategy at the Office of the Attorney General of Colombia, and as planning director of Colombia´s National Civil Registry, leading technological modernization and reform of the country’s electoral and civil identification systems. Under his leadership, the Registry created a Data Analytics and Artificial Intelligence Group to enhance electoral transparency. On fellowship he aims to draft Colombia’s first comprehensive AI regulation law to ensure ethical development and deployment of this powerful, rapidly emerging technology.
On May 15, 2025, Task Force Co-Chairs Lorraine McGowen and Jerome Walker met by zoom call with Miguelina Camilo, Counsel to Speaker, Office of Speaker Carl E. Heastie, regarding the Task Force. The Task Force has agreed to work with her to make available to New York policymakers access to Task Force programs on artificial intelligence and digital technologies.
On May 21, 2025, the Task Force also established a new Subcommittee on Artificial Intelligence and Robotics to address the implications and the impact of the use of artificial intelligence in robotics, especially the impact on commerce businesses (across all industries), and consumers and underserved populations and the laws and practices applicable to artificial intelligence and the laws and practices applicable to robotics. The current members of the Subcommittee include Subcommittee Co-Chair Maynard Holliday, former Assistant Secretary of Defense, Critical Technologies, Office of the Under Secretary of Defense for Research and Engineering and Subcommittee Co-Chair Moiz Khan, Head of Engineering and AI Market Development at MathWorks.
June 2025
On June 11, 2025, Senate Bill Number S. 1840/Assembly Bill Number A/A 3307 passed overwhelmingly in the New York State Senate and the New York State Assembly. The bill, which modernized the New York Uniform Commercial Code, is a top priority for the Task Force and the Task Force and the City Bar Policy Department continues to work together to support the bill from its inception through its adoption, and will continue to work on the bill until it is signed into law by the New York Governor.
On June 12, 2025, the Task Force released a report titled The Impact of the Use of AI on People with Disabilities by the Subcommittee on the Impact of Artificial Intelligence on People with Disabilities and Underserved Communities.
On June 12, 2025, the Task Force also released a podcast titled AI in Commerce and Finance by the Subcommittee on the Use of Artificial Intelligence in Commerce and Finance.
On June 13, 2025, the Task Force released a podcast titled AI and Accessibility by the Subcommittee on the Impact of Artificial Intelligence on People with Disabilities and Underserved Communities.
On June 16, 2025, the Task Force hosted its annual Artificial Intelligence Institute at the City Bar. The Fireside Chat Keynote Speaker was Moiz Khan, Subcommittee on Artificial Intelligence and Robotics Co-Chair and Head of Engineering and AI Market Development at MathWorks and the Luncheon Keynote Speaker was Katherine B. Forrest, Subcommittee on Artificial Intelligence and Access to Justice Member, Partner at Paul, Weiss, and former U.S. District Judge for the Southern District of New York. The Artificial Intelligence Institute included four panel: (1) Panel on Generative Artificial Intelligence and Legal Ethics, which was moderated by Tyler Maulsby, Subcommittee on Artificial Intelligence and Legal Ethics Co-Chair and Deputy Managing Partner at Frankfurt Kurnit Klein & Selz PC and the panelists included Mehdi Ansari, Subcommittee on Generative Artificial Intelligence and the Law and Partner and Co-Head of Sullivan Cromwell’s Intellectual Property and Technology Group and Artificial Intelligence Practice; Aegis Frumento, Subcommittee on Artificial Intelligence and Legal Ethics Member and Partner at Stern Tannenbaum & Bell LLP Ethics; Robert Mahari, Subcommittee on Generative Artificial Intelligence and the Law Co-Chair and Associate Director at CODEX, Stanford University Center for Legal Informatics; Melissa Morrison, Director of Segment, Large Language Markets at Lexis/Nexis; and John Paul Oleksiuk, Subcommittee on Generative Artificial Intelligence and the Law Member and Partner at Cooley LLP; (2) Panel on Artificial Intelligence, Commerce and Finance, National Security, and Liabilities and Remedies: Opportunities and Challenges, which was moderated by Clark Abrams, Subcommittee on Artificial Intelligence and National Security Co-Chair and Chief, Money Laundering and Financial Investigations Unit, Special Narcotics Prosecutor for the City of New York and the panelists included Stuart Levi, Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Co-Chair and Partner at Skadden Arps; David Lisson, Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Partner at Davis Polk; Evan Abrams, Subcommittee on Artificial Intelligence and National Security Member and Partner at Steptoe; Azish Filabi, Subcommittee on the Use of Artificial Intelligence in Commerce and Finance Co-Chair and Executive Director, American College Cary M. Maguire, Center for Ethics in Financial Services; and Clinton Morrison, Subcommittee on Liabilities and Remedies Related to the Use of Artificial Intelligence Co-Chair and Partner at Patterson Belknap Webb & Tyler; (3) Panel on Artificial Intelligence, the Judiciary and Access to Justice, which was moderated by Harut Minasian, Subcommittee on the Use of Artificial Intelligence in the Judiciary Co-Chair and Associate at Paul, Weiss and the panelists included Rodrigo Camarena, Subcommittee on Artificial Intelligence and Access to Justice Member and Director at Justicia Lab and Interim Co-Executive Director, Product and Technology, Pro Bono Net; The Honorable Angela Iannacci, Subcommittee on Artificial Intelligence and Access to Justice Member and Associate Justice, New York State Supreme Court, Appellate Division, Second Judicial Department; and McGregor Smyth, Subcommittee on Artificial Intelligence and Access to Justice Co-Chair and Executive Director, New York Lawyers for the Public Interest; and (4) Panel on Artificial Intelligence, Neurotechnology, Robotics, and People with Disabilities and Underserved Communities, which was moderated by Jerome Walker, Task Force Co-Chair and Partner at Jerome Walker PLLC and the panelists included Michael Bervell, Subcommittee on the Impact of Artificial Intelligence on People with Disabilities and Underserved Communities Member and Founder and CEO of TestParty; Larry Goldberg, Subcommittee on the Impact of Artificial Intelligence on People with Disabilities and Underserved Communities Co-Chair and Former Head of Accessibility at Yahoo; Margot Hanley PhD, Subcommittee on the Convergence of Artificial Intelligence and Neurotechnology Co-Chair and Research Director, Cognitive Futures Lab, at Duke University; Dirk van der Merwe, Subcommittee on Artificial Intelligence and Robotics Member and Autonomous Robotics Lead at DEKA Research & Development; and Sakeena Trice, Subcommittee on the Impact of Artificial Intelligence on People with Disabilities and Underserved Communities Member and Senior Staff Attorney at New York Lawyers for the Public Interest.
On June 17, 2025, Task Force Co-Chairs Lorraine McGowen and Jerome Walker met with Anne Michaud and Amanda Glodowski from Crain’s New York Business to discuss the Task Force and a collaboration with Crain’s New York Business where the Task Force would make its members available to Crain’ New York Business on artificial intelligence and digital technologies issues. This collaboration will help the Task Force further increase its media footprint.
In addition, on June 17, 2025, Task Force Co-Chairs Lorraine McGowen and Jerome Walker met with New York Uniform Law Commissioner and Chair of the New York Delegation and Special Adviser to the Task Force Mark Glaser; Massachusetts Uniform Law Commissioner, Drafting Committee Chair for the 2022 Amendments to the Uniform Commercial Code, Partner at Morgan Lewis, and Task Force Member Edwin Smith; and City Bar Associate Policy Counsel Raabia Qasim to develop a strategy to persuade the New York State Governor to prioritize the modernization of the New York Uniform Commercial Code and sign S.1840-A / A.3307-A into law promptly. If the Governor follows the normal process, many months could pass before S.1840-A / A.3307-A becomes law, and, during this delay, other states may modernize their Uniform Commercial Codes.
July 2025
On July 7, 2025, the Task Force published a blog titled City Bar Presidential Task Force on AI and Digital Tech on the Cusp of Legislative Achievement.
August 2025
On August 7, 2025, the Task Force released a podcast titled Financial Frontiers in the Metaverse.
September 2025
On September 2, 2025, the Task Force released a podcast titled Digital Assets and the Nonprofit Sector.
On September 9, 2025, the Task Force hosted the annual Fintech Institute that included a Fireside Chat moderated by City Bar Task Force Co-Chair Lorraine McGowen and featured City Bar Task Force Subcommittee on Articles and Blogs Co-Chair and Head of Policy at the Financial Technology Institute Angelena Bradfield and City Bar Task Force Co-Chair Jerome Walker. The Keynote Speaker was Orrick, Herrington & Sutcliffe LLP Partner Anisha Dasgupta. The Fintech Institute included four panels. Panel One covered the Expansion of Banking Institutions into Crypto and Other Digital Assets. The Moderator and Lead Panelist was Lorraine McGowen, City Bar Task Force Co-Chair and Partner at Orrick, Herrington & Sutcliffe LLP and the panelists included Alexandra Steinberg Barrage, City Bar Task Force Subcommittee on Payment Services and Systems Member and Partner at Morrison & Foerster LLP; Edwin Smith, City Bar Task Force Subcommittee on Crypto Products and Services Member, Massachusetts Uniform Law Commissioner and Partner at Morgan, Lewis & Bockius LLP; Ignacio Sandoval, Partner at Orrick, Herrington & Sutcliffe LLP; and Wyatt Robinson, Senior Corporate Counsel at Microsoft. Panel Two covered the Impact of State/Federal Regulation of Payment Processing/Services for Small Businesses, Consumers, Communities. The Moderator and Lead Panelist was Melissa Baal Guidorizzi, City Bar Task Force Subcommittee on Digital Technologies Consumer Protection Co-Chair, Partner at Davis Wright Tremaine LLC, and former Senior Counsel for Enforcement Policy and Strategy Consumer Financial Protection Bureau. Panelists included Richa Shyam Dasgupta, General Counsel, DC Department of Licensing and Consumer Protection, former Deputy Enforcement Director, Consumer Financial Protection Bureau; Leighton Dellinger, Head of Legal, Paxos; and Josh Orenstein, Head of Consumer Legal, Stripe and former Senior Litigation Counsel Consumer Financial Protection Bureau. Panel Three covered Litigation & Enforcement Landscape: Changes under the New Administration. The Moderator and Lead Panelist was Robert A. Schwinger, City Bar Task Force Subcommittee on Distributed Ledger Technology and Blockchain Co-Chair and Partner at Norton Rose Fulbright and the panelists included Jason Gottlieb, Partner and Chair, Digital Assets, and Chair, White Collar and Regulatory Enforcement at Morrison Cohen LLP; Max Burwick, Senior Managing Partner and Founder at Burwick Law LLC; James Q. Walker, Partner and Firmwide Co-Lead, Fintech Compliance and Enforcement at Perkins Coie LLP; and Mauro M. Wolfe, Partner and Head of Digital Assets Practice Group at Duane Morris LLP. Panel Four covered The Lawyers Guide to Preparing For Financial Services in the Age of Emerging Technologies. The Moderator and Lead Panelist was Angelena Bradfield, City Bar Task Force Subcommittee on Articles and Blogs Co-Chair and Head of Policy at the Financial Technology Association and the panelists included Nicole DeSantis, City Bar Task Force Subcommittee on Payment Services and Systems Member and Founder and CEO at Nomadis Consulting, PLLC; Mona Jabbour, Director of Public Policy and Research at Chime; Anand Sithian, City Bar Task Force Subcommittee on Payment Services and Systems Member and Partner at Crowell & Moring LLP; Katie Suskind, Head of Policy at Adyen; and Jerome Walker, City Bar Task Force Co-Chair and Partner at Jerome Walker PLLC.
On September 22, 2025, the Task Force formed a Working Group on Artificial Intelligence Sentience ( AI Sentience Working Group). The primary mission of the AI Sentience Working Group is to address artificial intelligence sentience issues in a report that is planned to be issued during the 4th Quarter 2025. The members of the Working Group include (1) Rim Belaoud, Task Force Subcommittee on Artificial Intelligence and National Security Member; (2) Azish Filabi, Task Force Subcommittee on Artificial Intelligence in Commerce and Finance Co-Chair; (3) Katherine Forrest, Task Force Subcommittee on Artificial Intelligence and Access to Justice Member; (4) Margot Hanley, PhD, Task Force Subcommittee on Artificial Intelligence and Neurotechnology Co-Chair; (5) Moiz Khan, Task Force Subcommittee on Artificial Intelligence and Robotics Co-Chair; (6) Robert Mahari, Task Force Subcommittee on Generative Artificial Intelligence Co-Chair; (7) Lenka Molins, Task Force Subcommittee on the International Regulation of Artificial Intelligence Co-Chair; and (8) Jerome Walker, Task Force Co-Chair.
On September 30, 2025, the Task Force launched the AI Practice & Policy Hub
October 2025
On October 2, 2025, the Task Force released a podcast titled AI and Civil Liberties: Law Enforcement in “Wexford.”
On October 16, 2025, the Task Force hosted an in-person CLE program on Artificial Intelligence and the Clinical Experience. The Introductory Speaker was Var Shankar, Lecturer on AI Governance at Purdue University, Founder, Council on AI Governance, and former Chief AI and Privacy Officer at Enzai. The program included four panels. Panel One covered Laws and Regulations on Decision Support Systems/Medical Devices. The Moderator and Lead Panelist was Anne Zimmerman, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare Co-Chair and Lecturer and Advisory Board Member at Columbia University and the panelists included Christine Moundas, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare Member and Partner at Ropes & Gray. Panel Two covered the Law on Use of Artificial Intelligence by Health Insurance/Payors. The Moderator and Lead Panelist was Debra Cohn, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare Co-Chair and Lecturer in Law at Columbia University and the panelists included Glenn Danas, Partner at Clarkson Law Firm and Daniel Lennard, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare and Assistant General Counsel at Mount Sinai Health System. Panel Three covered Legal Rights of Patients concerning Artificial Intelligence. The Moderator and Lead Panelist was Jason Raylesberg, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare Member and Senior Associate at Fenwick & West and the panelists included Daniel Lennard, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare and Assistant General Counsel at Mount Sinai Health System and Anne Zimmerman, City Bar Task Force Subcommittee on Artificial Intelligence in Healthcare Co-Chair and Lecturer and Advisory Board Member at Columbia University.
November 2025
On November 6, 2025, the Task Force released a podcast titled Methodologies for Artificial Intelligence Risk Assessments, Reviews and Audits.
December 2025
On December 5, 2025, the Task Force released a podcast titled NY Passes Emerging Technologies Amendments to the Uniform Commercial Code with City Bar’s Help.
On December 5, 2025, the Task Force worked with City Bar Staff and the City Bar President to issue a press release on City Bar Applauds Governor Hochul for Signing Emerging Technologies Amendments to the UCC.
On December 17, 2025, the Task Force hosted a CLE webinar titled Beyond the Basics: Advanced Cybersecurity for Lawyers. The webinar was moderated by Task Force Subcommittee on Artificial Intelligence and National Security Co-Chair Sabeena Ahmed Liconte, Head of Legal and Chief Compliance Officer, Americas at ICBC Standard Bank Group and featured Task Force Subcommittee on Artificial Intelligence in Commerce and Finance Member Cory Goldstein, Senior Associate at Paul, Weiss; Task Force Subcommittee on Artificial Intelligence and Neurotechnology Co-Chair and Partner at Cooley Kristen Mathews; Task Force Subcommittee on Artificial Intelligence and Legal Ethics Member Lucian T. Pera, Partner at Adams & Reese; Task Force Subcommittee on Privacy Co-Chair Alexander Southwell, Partner at McDermont Will & Schulte; Task Force Subcommittee on Cybersecurity and Data Protection Co-Chair Adam Scott Wandt, Associate Professor of Public Policy, Deputy Chair for Technology, Department of Public Management, at John Jay College of Criminal Justice; and Task Force Subcommittee on Artificial Intelligence and Legal Ethics Member Kaylin Whittingham, Managing Attorney at Whittingham Law.
January 2026
On January 29, 2026, the Task Force released a podcast titled Navigating President Trump’s National AI Policy Framework
On January 29, 2026, the Task Force and the Federal Courts Committee hosted a CLE webinar titled Artificial Intelligence and the Federal Courts: What Lawyers Need to Know. The webinar included three panels. Panel One covered Ethics and was moderated by David Zaslowsky, Partner at Baker McKenzie and Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Co-Chair and the panelists included Karen Eltis, Professor of Law at the Centre for Law, Technology and Society at the University of Ottawa; Past Director of the uOttawa Human Rights Centre; former Senior Advisor to the National Judicial Institute; and Task Force Subcommittee on the International Regulation of Artificial Intelligence Member; David Keyko, Partner at Pillsbury Winthrop Shaw Pittman LLP and Task Force Subcommittee on Artificial Intelligence and Legal Ethics Co-Chair; and The Honorable Xavier Rodriguez, U.S. District Judge, U.S. District Court for the Western District of Texas and Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Member. Panel Two covered Evidence and was moderated by Harut Minasian, Associate at Paul, Weiss and Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Co-Chair and the panelists included Paul Grimm, former U.S. District Judge, U.S. District Court for the District of Maryland, Law Professor, Duke University School of Law and Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Member; Maura Grossman, Computer Science Professor, University of Waterloo, Law Professor, Osgoode Hall Law School and Task Force Subcommittee on the Use of Artificial Intelligence in the Judiciary Member. Panel Three covered Access to Justice and was moderated by Abbe Gluck, Law Professor, Yale Law School; Medical Professor, Yale Medical School and Task Force Subcommittee on Artificial Intelligence and Access to Justice Co-Chair and the panelists included Katherine Forrest, Partner at Paul, Weiss, former U.S. District Judge, U.S. District Court for the Southern District of New York, Law Professor at New York University School of Law and Task Force Subcommittee on Artificial Intelligence and Access to Justice Member; and Rodrigo Camarena, Director, Pro Bono Net’s Justicia Lab and Task Force Subcommittee on Artificial Intelligence and Access to Justice Member.
February 2026
On February 5, 2026, the Task Force released a podcast titled Informed Consent and the Use of AI in Healthcare
On February 11, 2026, the Task Force hosted a webinar titled Current State of DeFi: Legal Structures and Regulatory Implications. The webinar included two panels. Panel One covered DeFi Legal Structuring Risks and Opportunities and was moderated by Cahill Gordon Partner and Task Force Subcommittee on Crypto Products and Services Member Lewis Cohen and the panelists featured Zila Acosta-Grimes, Linklaters LLP; Beth Haddock, Independent Director to GMO-Z.com and the Stable Standard, Chief Legal Officer at AdvisorEngine, and Managing Partner at Warburton Advisers; and Task Force Subcommittee on Crypto Products and Services Member; Tuongvy Le, Veda.Tech; and Rodrigo Seira, Cooley LLP. Panel Two covered DeFi Regulatory Requirements & Emerging Trends and was moderated by Davis Polk Counsel and Task Force Subcommittee on Payment Services and Systems Co-Chair Justin Levine and the panelists featured Thania Charmani, Winston & Strawn LLP; Katherine Kirkpatrick Bos, General Counsel, StarkWare; Monica T. Ramirez de Arellano, Managing Director, Stablecoins at Anchorage Digital and Task Force Subcommittee on Distributed Ledger Technology and Blockchain Member; and Rebecca Rettig, Chief Legal Officer at Jito Labs.
On February 12, 2026, the Task Force released a podcast titled Synthetic Employees in the Future of Work
On February 19, 2026, the Task Force released a podcast titled America’s AI Action Plan
March 2026
On March 18, 2026, the Task Force hosted its full day annual, in-person Crypto Conference, which included two keynote speakers and four CLE panels. The Fireside Chat was moderated by Task Force Co-Chair and Co-Chair, Blockchain & Cryptocurrency Working Group, Partner at WilmerHale Tiffany J. Smith. The Fireside Chat Keynote Speaker was Richard Gabbert, Chief of Staff, Securities and Exchange Commission’s Crypto Task Force, Senior Advisor to the Chairman, U.S. Securities and Exchange Commission. The Lunchtime keynote was moderated by Task Force Subcommittee on Crypto Products and Services Member and Co-Chair, CahillNXT, Partner at Cahill, Gordon & Reindel Lewis Cohen. The Lunchtime Keynote Speaker was Summer Mersinger, Chief Executive Officer, Blockchain Association. Panel One was titled The Crypto Reset: How Landmark Legislation and Regulatory Overhauls Are Redefining Digital Assets and was moderated by Tiffany J. Smith, and the panelists featured Ji Hun Kim, CEO, Crypto Council for Innovation; Kristina Bunting, Paul, Weiss; and Kayvan Sadeghi, Jenner & Block. Panel Two was titled DeFi, Stablecoins and the Rise of Digital Money and was moderated by Lewis Cohen, and the panelists featured Olta Andoni, General Counsel at Enclave Markets; Task Force Subcommittee on Crypto Products and Services Member and Strategic Advisor and Board Member, Stablecoin Standard/Balancer Foundation Beth Haddock; Jack Murphy, Senior Counsel at Akin; and Brooke Watson, Senior Vice President of Legal and People at Dynamis. Panel Three was titled Regulating Trust in a Crypto World: Balancing Privacy, Innovation and Security for Networks and Markets and was moderated by Task Force Subcommittee on Artificial Intelligence and National Security Co-Chair and Head of Legal & CCO, Americas, ICBC Standard Bank Group Sabeena Ahmed Liconte and the panelists featured Meredith Fitzpatrick, Partner at Forensic Risk Alliance; David Hirsch, Partner at McGuire Woods; Andrew Fierman, Head of National Security Intelligence at Chainalysis; Trace Schmeltz, Partner at Steptoe LLP; and Task Force Subcommittee on Distributed Ledger Technology and Blockchain Co-Chair and General Counsel, Ellipsis Research Inc. Hector Ivan Velez. Panel Four was titled Tokenization and the Future of Financial Services and was moderated by Task Force Subcommittee on Payment Services and Systems Co-Chair and Davis Polk Counsel Justin Levine, and the panelists featured Tom McKay, Partner at Morvillo Abramowitz; Task Force Subcommittee on Crypto Products and Services Co-Chair and Partner at WilmerHale Jeremy Moorehouse, and Alex Thorn, Head of Firmwide Research at Galaxy Digital.
On March 20, 2026, the Task Force hosted an in-person CLE program titled Artificial Intelligence, M&A and Antitrust: Emerging Trends Lawyers Need to Know, which included a Fireside Chat and four panels. Panel One was titled Technology and Economics Driving M&A and Competition in AI Industries and was moderated by Task Force Subcommittee on Artificial Intelligence in M&A and Antitrust Law Co-Chair and Managing Counsel at Oracle Nadezhda (Nady) Nikonova and the panelists featured Guy Ben-Ishai, Head of Economic Research at Google and Alan Page, Engineering Leader and Technology Writer. The Fireside Chat was titled National Security Issues Impacting AI-Related M&A Transactions and was moderated by Eun Young Choi, Partner at Arnold & Porter and former Deputy Assistant Attorney General for National Asset Protection, National Security Division. The Fireside Chat Speaker was Alexandra Yestrumskas, Deputy Assistant Secretary, former Acting Assistant Secretary of Investment Security, U.S. Department of the Treasury. Panel Two was titled Antitrust and Artificial Intelligence – Government Enforcers Perspective and wase moderated by Bill Efron, Partner at Arnold & Porter and former Director of Federal Trade Commission Northeast Regional Office and the panelists featured Aviv Nevo, Director Federal Trade Commission, Bureau of Economics; Michael Schwartz, Senior Enforcement Counsel, Antitrust Division, New York State Attorney General Office; and Matthew Huppert, Partner at Winston & Strawn. Panel Three was titled Best Practices for AI-Related Antitrust Compliance – In-House Perspective and was moderated by Task Force Subcommittee on Artificial Intelligence in M&A and Antitrust Law Member and Senior Associate at Arnold & Porter Javier Ortega and the panelists featured James Rhilinger, Director and Associate General Counsel, Competition and Regulatory at Meta and Nadezhda (Nady) Nikonova. Panel Four was titled Ethics of Implementing AI in M&A Transactions and was moderated by Task Force Subcommittee on Artificial Intelligence in M&A and Antitrust Law Member and Co-Founding Partner at Broadfield U.S. Adele Hogan and the panelists featured Alison Fraser, Head of Responsible Development and Use of Tech Legal Affairs at Ericsson and Wayne Janke, Partner at Arnold & Porter.
In March 2025, the Task Force plans to issue its 2025 Annual Report on Trends and Developments in Artificial Intelligence and Digital Technologies.
Last updated on March 23, 2026
Related Resources
Advocacy Work
New York Emerging Technologies Amendments to the UCC Talking Points & Resources
Articles Written by Task Force Members
- US SEC targets Coinbase, signaling stricter enforcement against crypto exchanges (March 2023) by Stephen Aschettino, Kevin J. Harnisch, Andrew James Lom, and Rebecca Lander
- ChatGPT Almost Passed the Bar, But Competent Lawyers Do Much More (February 13, 2023) by Mary Lu Bilek and Deborah Merritt
- A Currency by Any Other Name? Damages Valuations in Cryptocurrency Disputes (February 10, 2023) by Siddartha Rao, Nicole Haff and Olivia Loftin
- Summary of Reasons for New York to Enact the New UCC Amendments (March 1, 2023) by Alan Kolod and Michael Evan Avidon
- Privacy & Cybersecurity Update (March 2023) by James R. Carroll, Avia M. Dunn, Brian W. Duwe, David C. Eisman, Maya P. Florence, Todd E. Freed, Marc S. Gerber, Richard J. Grossman, Ken D. Kumayama, Michael E. Leiter, Stuart D. Levi, William Ridgway, Jason D. Russell, David E. Schwartz, Ingrid Vandenborre, Helena J. Derbyshire, Nicole L. Grimm, Peter Luneau, James S. Talbot, and Eve-Christie Vermynck
- Copyright Office Issues Guidance on AI-Generated Works, Stressing Human Authorship Requirement (March 16, 2023) by Stuart D. Levi, MacKinzie M. Neal, and Shannon N. Morgan
- NYAG Files Action Against Crypto Trading Platform, Takes Position That ETH Is a Security (March 13, 2023) by Alexander C. Drylewski, Stuart D. Levi; Daniel Michael, and Ebenezer Ng
- Court Ruling Could Affect the Future Direction of DAOs (April 3, 2023) by Alexander C. Drylewski and Stuart D. Levi
- Silicon Valley Bank’s Collapse—What’s Next for SVB and Signature Bank? Are We Prepared for the Next Bank Failure? (March 22, 2023) by Lorraine McGowen
- Greater risks facing DAOs and their tokenholders from recent court rulings (April 2023) by Robert A. Schwinger
- Blockchain law: Can there be law without people? (January 2023) by Robert A. Schwinger
- Missing an Opportunity: Cryptocurrency Exchanges and Their Customers Should Consider Using UCC Article 8 (April 3, 2023) by Carl S. Bjerre, Sandra M. Rocks, Edwin E. Smith, and Steven O. Weise
- Top Questions, and Lessons, After Banking’s Wild Weekend (March 15, 2023) by Edwin Smith, Ignacio Sandoval, Christopher Paridon, and Erin Martin
- SVB and Distressed Banks: Lessons Learned From A Wild Weekend (March 14, 2023) by Edwin Smith, Ignacio Sandoval, Christopher Paridon, Erin Martin, Richard Hanson, and Ian Wright
- U.S. Cybersecurity and Data Privacy Outlook and Review – 2023 (January 30, 2023) by Alexander Southwell
- Why It Matters: ABA House of Delegates Adopts Guidelines for Developers and Users of Artificial Intelligence (March 13, 2023) by Lucy Thomson, Cynthia Cwik, and Roland Trope
- Update: Top Depositor Questions on the Silicon Valley Bank Receivership (March 14, 2023) by Douglas Landy, Eliza McDougall, Pratin Vallabhaneni, Glen R. Cuccinello, and Leel Sinai
- Top Depositor Questions on the Silicon Valley Bank Receivership (March 11, 2023) by Douglas Landy, Eliza McDougall, and Pratin Vallabhaneni
- Observations and Implications of Silvergate, SVB, and Signature (April 13, 2023) by Task Force Co-Chair Jerome Walker
- The British Are Coming — To the Aid of Crypto Scam Victims (July 25, 2023) by Robert A. Schwinger
- The Democracy and Science Equilibrium (June 15, 2023) by Lori Gayle Nuckolls
- Five Key Questions For Ensuring Responsible AI In Financial Services (March 22, 2024) by Azish Filabi
- Motion To Dismiss Ruling Provides Insight Into How Courts View AI Training Data Cases (February 6, 2024) by Mana Ghaemmaghami, Stuart D. Levi
- Recent Developments That Could Impact How Companies Offer AI-Based Customer Service Chatbots (February 26, 2024) by Stuart D. Levi
- Intersection of Open Source and Web3 (February 28, 2024) by Stuart D. Levi
- New Developments Help Clarify Intersection of Patent Law and Artificial Intelligence (March 25, 2024) by Stuart D. Levi
- US CFPB’s NSF and overdraft fee proposals: What financial institutions should know (February 5, 2024) by Eamonn Moran
- (Podcast): Securitization Insight Ep 55: Oral Arguments in Two Cases Challenging Chevron Deference and Potential Impact on US Regulatory Agencies (February 5, 2024) by Eamonn Moran
- 2024 FinTech Outlook (February 21, 2024) by Eamonn Moran
- Office of the Comptroller of the Currency issues “buy now, pay later” guidance to banks (March 15, 2024) by Eamonn Moran
- Securitization Insight Ep 57: Third Circuit Says Student Loan Trusts Are “Covered Persons” Subject to the CFPA (March 25, 2024) by Eamonn Moran
- Let’s make a dealer: Active trading firms risk being considered “dealers” under new SEC rules (February 12, 2024) by Gregory Rowland
- FinCEN proposes new AML/CFT compliance requirements for investment advisers (February 21, 2024) by Gregory Rowland
- Investment Management & Funds Regulatory Update – February 2024 (February 29, 2024) by Gregory Rowland
- Verifiable evaluations of machine learning models using zkSNARKs (February 5, 2024) by Robert Mahari
- Regulation by Design: A New Paradigm for Regulating AI Systems (February 15, 2024) by Robert Mahari
- Discit Ergo Est: Training Data Provenance and Fair Use (February 22, 2024) by Robert Mahari
- Leveraging Large Language Models for Learning Complex Legal Concepts through Storytelling (February 26, 2024) by Robert Mahari
- (Podcast): Transformative AI in Translation & Legal Services (March 2024) by Robert Mahari
- Data Authenticity, Consent, and Provenance for AI Are All Broken: What Will It Take to Fix Them? (March 29, 2024) by Robert Mahari
- Blockchain Law: Watch Your Mouth: Liability for Statements and Omissions about Digital Assets, New York Law Journal (March 2024) by Robert A. Schwinger
- SEC’s crypto enforcement authority sustained over Coinbase’s vigorous challenges (March 2024) by Robert A. Schwinger
- CFTC Issues Request for Comment on Uses of AI (February 2, 2024) by Tiffany Smith
- “Decentralized Finance (DeFi),” Fintech, Regtech, and the Financial Services Industry (Ch. 8A) (February 8, 2024) by Tiffany Smith
- CFTC Advisory Subcommittee Releases Report on DeFi: Issues, Findings and Recommendations (February 16, 2024) by Tiffany Smith
- SEC Adopts New Rules That Will Require More Market Participants to Register as Dealers (February 26, 2024) by Tiffany Smith
- CFTC Year in Review: 23 Takeaways From 2023 and Predictions for 2024 (February 27, 2024) by Tiffany Smith
- Potential Impact of the SEC’s Rulemaking Agenda on Crypto (March 15, 2024) by Tiffany Smith
- FinCEN Again Proposes Sweeping AML Requirements for Registered Investment Advisers & ERAs (February 21, 2024) by Pratin Vallabhaneni
- Investment Management & Funds Regulatory Update – March 2024 (March 28, 2024) by Gregory Rowland
- How Companies Should Be Thinking About Disclosing AI Usage to Consumers (April 2024) by Stuart Levi
- Tennessee Law Addresses Proliferation of Deepfakes (April 02, 2024) by Stuart Levi
- Utah Becomes First State to Enact AI-Centric Consumer Protection Law (April 05, 2024) by Stuart Levi
- ‘Buy now, Pay Later’ Guidance to Banks (April 2024) by Eamonn Moran
- The Current State of US Public Cryptocurrency Funds (April 04, 2024) by Gregory Rowland
- SEC’s Crypto Enforcement Authority Sustained Over Coinbase’s Vigorous Challenges (April 10, 2024) by Robert Schwinger
- S. Agencies Issue Pledge to Investigate AI Development and Use (April 11, 2024) by Alexander Southwell
- SEC Modernizes Internet Advisor Rule (April 09, 2024) by Pratin Vallabhaneni
- California Privacy Agency Issues First Enforcement Advisory (April 22, 2024) by Jason Raylesberg
- DoorDash Fined $375,000 by California AG in Second-Ever Publicly Disclosed CCPA Settlement (April 15, 2024) by Jason Raylesberg
- White House, Congress, and Federal Agencies Move to Limit Foreign Adversaries’ Access to Sensitive Personal and Government Data (April 10, 2024) by Jason Raylesberg
- CFPB’s Non-Sufficient Funds and Overdraft Fees Proposals (May 2024) by Eamonn Moran
- CFPB Takes Steps to Regulate “Buy Now, Pay Later” Providers (May 2024) by Eamonn Moran
- Supreme Court Rules CFPB Funding Structure is Lawful (May 2024) by Eamonn Moran
- Can Lawyers Use AI Tools and Comply with Existing Ethics Rules? (May 3, 2024) by David George Keyco
- USPTO Provides Guidance on Using AI-Based Tools in Filing and Preparing Patent and Trademark Applications (May 8, 2024) by Stuart Levi
- The UK ICO Publishes Its Strategy on AI Governance (May 13, 2024) by Stuart Levi
- District Court Adopts Broad View of Copyright Preemption in Data Scraping Case (May 21, 2024) by Stuart Levi
- Securitization Insight Ep 59: The FDIC Weighs in on the Colorado Rate Exportation Litigation (May 13, 2024) by Eamonn Moran
- FinCEN and SEC Move Closer to New AML Requirements for Investment Advisers & ERAs (May 20, 2024) by Pratin Vallabhaneni
- FinCEN and SEC Propose Customer Identification Program Requirements for Investment Advisers (May 21, 2024) by Gregory Rowland
- Open E-Commerce 1.0, Five Years of Crowdsourced U.S. Amazon Purchase Histories with User Demographics (May 14, 2024) by Robert Mahari
- Op-ed: New York Must Update Its Commercial Code to Address Emerging Technologies (May 17, 2024) by Lorraine McGowen
- Beyond our Borders: Recent Blockchain Developments Outside the United States (May 24, 2024) by Robert Schwinger
- US SEC Surprises Crypto Community by Approving Ether ETFs (May 24, 2024) by David Zaslowsky
Resource Materials for Further Study on Digital Technologies
- New York Attorney General Proposal to Regulate the Cryptocurrency Industry
- House Financial Services Committee and House Committee on Agriculture Discussion Draft of Legislation Providing a Statutory Framework for Digital Asset Regulation
- Reintroduction of Lummis, Gillibrand Comprehensive Legislation To Create Regulatory Framework For Crypto Assets
- Financial Stability Board Global Regulatory Framework for Crypto-Asset Activities, Umbrella public note to accompany final framework (17 July 2023)
- Federal Trade Commission Stipulated Order for Permanent Injunction, Monetary Judgment and Other Relief against CELSIUS NETWORK INC., CELSIUS NETWORK LLC, CELSIUS NETWORKS LENDING LLC, CELSIUS LENDING LLC, CELSIUS KEYFI LLC, CELSIUS MINING LLC, CELSIUS US HOLDING LLC, CELSIUS US LLC, and CELSIUS MANAGEMENT CORP
- Securities and Exchange Commission, Plaintiff, against Ripple Labs, Inc., Bradley Garlinghouse, and Christian A. Larsen, Defendants
- Selected Issues regarding the Taxation of Digital Assets Prepared by the Staff of the Joint Committee on Taxation (June 2023)
- SEC Proposes New Requirements to Address Risks to Investors From Conflicts of Interest Associated With the Use of Predictive Data Analytics by Broker-Dealers and Investment Advisers
- General Accountability Office Report to Congress Blockchain in Finance Legislative and Regulatory Actions Are Needed to Ensure Comprehensive Oversight of Crypto Assets (June 2023)
- NIST Artificial Intelligence Risk Management Framework (AI RMF 1.0) (January 2023)
- AI Risk: Evaluating and Managing It Using the NIST Framework (May 18, 2023) by Stuart D. Levi, William Ridgway, and Lilia Jimenez
- IIA Global Internal Audit Standards (2023 Draft for Public Comments)
- CRS Consumer Finance and Financial Technology (Fintech) (March 15, 2023)
- GAO Report to Congressional Committees Financial Technology Products Have Benefits and Risks to Underserved Consumers, and Regulatory Clarity Is Needed (March 2023)
- CRS Bank Capital Requirements: A Primer and Policy Issues (March 9, 2023)
- CRS Introduction to Financial Services: Financial Cybersecurity (Updated January 5, 2023)
- CRS Banking, Data Privacy, and Cybersecurity Regulation (Updated March 13, 2023)
- CRS Generative Artificial Intelligence and Copyright Law (February 24, 2023)
- CRS Biometric Technologies and Global Security (Updated January 30, 2023)
- UK Government Policy paper A pro-innovative approach to AI regulation (29 March 2023)
- Federal Reserve Order No. 2023-02 (January 27, 2023) Custodia Bank Order Denying Application for Membership
- CRS Non-Fungible Tokens (July 20, 2022)
- Markets in Crypto-assets (MiCa) – (20 April 2023)
- Global Financial Markets Association Impact of Distributed Ledger Technology in Global Capital Markets
- IOSCO Policy Recommendations for Crypto and Digital Asset Markets Consultation Report (May 2023)
- The Americans with Disabilities Act and the Use of Software, Algorithms, and Artificial Intelligence to Assess Job Applicants and Employees
- National Artificial Intelligence Research and Development Strategic Plan 2023 Update A Report by the Select Committee on Artificial Intelligence of the National Science and Technology Council (May 2023)
- House Financial Services Committee and House Committee on Agriculture Discussion Draft of Legislation Providing a Statutory Framework for Digital Asset Regulation
- Ransomware
- Senator Charles Schumer’s Proposal to Launch SAFE Innovation (June 21, 2023)
- National Artificial Intelligence Advisory Committee Year l (May 2023)
Of Interest
Digital assets began to evolve several decades ago, and the Uniform Commercial Code (UCC) has periodically been amended to accommodate their existence. Since the last comprehensive revisions to the Uniform Law Commission’s Official Text of the UCC, promulgated in 2010 and substantially adopted by the New York Legislature in 2014, electronic commerce has continued to expand and evolve and become ever more important to the US and world economy. Furthermore, during the past decade, emerging technologies have led to the creation of an entirely new class of digital assets, which exist on distributed ledger or blockchain platforms and can be used to accomplish an increasing number and variety of transactions. The New York UCC currently recognizes only electronic documents of title and electronic chattel paper as digital assets. These digital assets dramatically transform commerce, but their legal effect is subject to significant uncertainties requiring a clear modern legal structure if they are to achieve their full potential.
For a detailed this discussion of the importance of digital technologies and commercial law, please read the Report by the Task Force on Digital Technologies in Support of Enactment of the New York Version of the Amendments to the Official Text of the Uniform Commercial Code (2022) (February 2023)
For more information, check out our New York Emerging Technologies Amendments to the UCC Talking Points & Resources page and Uniform Law Commission’s 2022 Amendments to the UCC Resources.