Short answer
AI governance is the set of policies, roles and controls an organization uses to decide which AI tools may be used, for what, with which data, and how results are checked and recorded. For regulated firms it is what lets AI adoption pass a compliance review.
AI Governance explained
A practical AI governance program covers an approved tools list, data classification rules (what can and cannot go into AI tools), human review requirements, vendor due diligence, record-keeping for AI-assisted communications, and monitoring. Frameworks such as the NIST AI Risk Management Framework and ISO/IEC 42001 give structure, and regulators including the SEC and FINRA have said existing rules on supervision, recordkeeping and communications apply to AI use.
Governance works best when it is light enough that people use the approved tools rather than working around them.
How Vantage Point helps: we give regulated firms a practical AI policy set, approval workflow and training so they can adopt Claude, ChatGPT and CRM AI safely.
Frequently asked questions
Do SEC and FINRA rules apply to AI?
Yes. Regulators have said existing obligations, such as supervision, recordkeeping, communications rules and Regulation S-P, apply when firms use AI tools.
Where should an AI governance program start?
With an inventory of AI tools already in use, a short acceptable-use policy, and data rules for client information.