Funding winter, illiquid startups and Sebi rules hamper AIF exits
High net worth investors at risk as AIFs face redemption pressure but Sebi rules do not permit easy liquidation.
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High net worth investors at risk as AIFs face redemption pressure but Sebi rules do not permit easy liquidation.
AI: Gensler's remarks are part of a broader U.S. government effort to promote what officials call "responsible" innovation while also managing what they say are threats the emerging technology poses to public safety.
An expert committee appointed by the Supreme Court had in May had said that the difficulties experienced by Sebi in identifying holders of economic interest were at least partly because of the repeal, in 2019, of the 2014 provisions on “opaque structures”.
Sebi will be finalising a draft discussion paper in a month or two to formulate rules and guidelines to regulate the mushrooming number of unregistered financial influencers or finfluencers who offer investment advisors to the public.
The OpenAI marketplace aims to cater to enterprise customers who often customize OpenAI's ChatGPT technology for specific use cases