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Colorado's ADMT Act Proposed Regulations: Unpacking the Confusion and Compliance Challenges for Financial Services
In this episode of The Consumer Finance Podcast, host Chris Willis is joined by colleague Kim Phan to break down the proposed regulations recently released by the Colorado attorney general (AG) under the Automated Decision-Making Technology (ADMT) Act, Colorado's newly amended AI statute, and explain why the financial services industry needs to engage before these rules are finalized.
Chris and Kim walk through several provisions that diverge sharply from what industry had hoped for after the statute's May 2026 rewrite, including a narrow definition of "financial or lending service" that…
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