MBA, CMLA Joint Letter on Colorado Automated Decision-Making Technology & Chatbot Safety Rulemaking
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The Colorado Mortgage Lenders Association and MBA provide input to the Colorado Department of Law on its RFI related to the recently enacted Automated Decision-Making Technology Act. This comment serves as a review of CMLA and MBA’s concerns as it relates to the ADMT Act and how the Attorney General can engage in rulemaking to provide regulatory clarity to covered entities.
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