Jane Street Faces SEBI Crackdown, Nuvama Impacted

  Published 1 year ago

SEBI bans Jane Street from Indian securities trading, blocks funds, alleges Nifty 50 manipulation, impacting partner Nuvama.

  • The order prohibits Jane Street and its affiliates from buying/selling Indian securities directly or indirectly.
  • Regulator seizes Rs 4,843.57 crore in alleged illegal gains from index manipulation strategies.
  • Banks must block Jane Street account debits without SEBI approval, affecting transactions.

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