Source: CNBC
“The Securities Exchange Board of India (SEBI) has temporarily barred Jane Street Group from accessing India’s securities market, after it accused the U.S. firm of widespread market manipulation. According to an interim order posted on the regulator’s website on Thursday, Jane Street’s ‘entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.’ SEBI also issued an interim order to freeze over 48.4 billion Indian rupees ($566.3 million) from Jane Street in alleged illegal gains.” (07/04/25)