What Triggered SEBI’s $566M Clampdown? Jane Street’s Trades Under the Microscope

India’s financial watchdog SEBI has launched one of its most aggressive enforcement actions in recent memory, barring USbased trading firm Jane Street from accessing Indian securities markets. The interim order accuses the firm of manipulating index levels to profit from options trades, triggering a regulatory and investor uproar.

 

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Regulatory and market impact:

Jane Street has denied wrongdoing and plans to engage with SEBI. The case is expected to test India’s regulatory resilience in the face of complex global trading strategies.

 

Sources: CNBC, WION, Business Today, The Week, Economic Times, Reuters, PTI, SEBI Interim Order Filings