SEC Urged to Investigate OpenAI's Non-Disclosure Agreements by Whistleblowers

Monday, 15 July 2024, 15:14

OpenAI whistleblowers trigger SEC investigation over allegations of ChatGPT maker's restrictive non-disclosure agreements hindering disclosures on AI risks. A formal complaint filed with the SEC calls for swift enforcement against NDA practices discouraging employees from voicing concerns. The letter addressed to SEC Chair Gary Gensler underscores the urgency for regulatory action.
Yahoo Finance
SEC Urged to Investigate OpenAI's Non-Disclosure Agreements by Whistleblowers

OpenAI Whistleblowers Seek SEC Probe

Whistleblowers at OpenAI have raised concerns over the company's non-disclosure agreements, prompting an investigation by the Securities and Exchange Commission. The allegations center around ChatGPT maker's actions that restrict employees from discussing the risks associated with its AI technology.

Formal Complaint to SEC

The whistleblowers have formally submitted a complaint to the SEC, seeking enforcement of regulations that deter employees from reporting issues to authorities. The letter to SEC Chair Gary Gensler emphasizes the significance of addressing NDA practices promptly.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe