The Securities and Exchange Board of India (SEBI) is facing significant internal turmoil as 500 top officers have written a letter to the finance ministry, accusing the leadership under Madhabi Puri Buch of fostering a toxic and harsh work environment of fear. The letter cites issues such as harsh language, unrealistic targets, shouting, and public humiliation. SEBI officials have requested government intervention to address these concerns. In response, SEBI has refuted the claims, stating that employee grievances are influenced by external elements and aimed at leveraging work culture issues for higher House Rent Allowance (HRA). The Congress party has also weighed in, calling the allegations shocking.