OpenAI CEO Sam Altman’s investments are facing fresh scrutiny after court documents reportedly showed stakes worth over $2 billion in companies that do business with OpenAI. State attorneys general and Elon Musk have alleged self-dealing, while a congressional investigation is also underway. Altman denies wrongdoing, saying he recused himself from key decisions.
Sebi has begun consultations through a high-level committee to tackle conflict-of-interest concerns within the regulator and craft a broader governance framework. The effort comes as a new regulatory regime takes shape, with the key challenge being to raise transparency while avoiding rules so heavy they slow markets. Stakeholders across the ecosystem are being heard.
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