Wire · regulatory
Colorado Releases Interim Draft Rules for Automated Decision-Making Technology and ...
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Fusion42 · 15 October 2026 · Fusion42 review
Colorado's Department of Law released interim draft rules for the Automated Decision-Making Technology in Consequential Decisions Act and the Conversational Artificial Intelligence Services Act, with significant changes from the initial draft impacting financial institutions' use of automated decision systems and chatbot safety. Key changes include a new framework for determining when automated outputs 'materially influence' decisions, revised adverse outcome disclosures, coordination with existing federal laws like ECOA and FCRA, and clarified consumer data access rights.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it between 13 Oct 2026 and 15 Oct 2026.
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Your financial service product just gained a new compliance hurdle for AI decisions starting January 1. Lock in your review of automated decision logic and consumer disclosures now to avoid enforcement risks and gain market trust.
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2 sources · first reported 13 Oct 2026 · latest 15 Oct 2026
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