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SEC investigates AI-driven SPVs and considers shifting shareholder rules to states
The U.S. Securities and Exchange Commission (SEC) is reportedly scrutinizing special purpose vehicles (SPVs) to ensure they hold the private stock they claim to offer. This inquiry is particularly relevant to the artificial intelligence sector, where high-profile companies like OpenAI and Anthropic have driven massive private-market interest. According to Stanford’s AI Index for 2026, global private investments in AI grew by 127.5% in 2025, reaching $344.7 billion.
In a separate regulatory move, the SEC is considering a proposal to rescind Rule 14a-8. This rule currently governs shareholder proposals in public companies' annual proxy statements. SEC Chairman Paul Atkins has suggested that the rule exceeds the Commission’s authority and infringes upon state laws, proposing instead that the power to regulate such proposals be returned to individual states.
Entities
Anthropic · OpenAI · Paul Atkins · U.S. Securities and Exchange Commission
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Global private investments in AI rose 127.5% in 2025, totaling $344.7 billion. bitcoinethereumnews.com · www.cryptopolitan.com
- [● 2 SOURCES] The SEC has requested that registered investment advisers provide proof that special purpose vehicles (SPVs) under their jurisdiction possess the private stock or exposure they claim to offer. bitcoinethereumnews.com · www.cryptopolitan.com