The Securities and Exchange Board of India (SEBI) has barred US trading firm Jane Street from accessing India’s securities market. The action is linked to alleged index manipulation.
Key highlights:
• SEBI’s ban on Jane Street for involvement in alleged index manipulation.
• Jane Street prohibited from participating in India’s stock market activities.
• SEBI’s move aims to maintain market integrity and prevent malpractices.
The development underscores SEBI’s commitment to ensuring fair and transparent operations within India’s financial markets.
Source: Latest Business News Today: Stock Markets, Financial News, India Business & World Business News