Jane Street Group is appealing a SEBI order accusing them of manipulative practices in India’s derivatives market. The firm claims SEBI is withholding crucial documents needed for their defense, seeking a halt to regulatory action. The case has significant implications for global quantitative firms operating in India, as the court will consider whether SEBI is obstructing Jane Street’s defense.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets