Madhabi Puri Buch, former SEBI Chairperson, refuted claims of regulatory negligence, asserting that SEBI had detected index manipulation by Jane Street. Between April 2024 and February 2025, SEBI initiated actions, including a cease-and-desist order. An interim order issued in July 2025 documented the sequence of events, demonstrating SEBI’s proactive engagement.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets