Brief by Shorts91 Newsdesk / 02:22am on 04 Jul 2025,Friday Business
The Securities and Exchange Board of India (SEBI) has issued an interim ban on U.S.-based trading firm Jane Street Group, preventing its entities from trading in Indian securities. The move bans any direct or indirect dealings and instructs banks to freeze accounts unless SEBI authorizes withdrawals . The action follows a months-long probe into Jane Street’s derivatives activity—allegedly used to manipulate key benchmark indices—spanning a three-year period . SEBI also directed the firm to disgorge approximately ₹4,844 crore in illicit gains. The restrictions will remain until the investigation concludes and mandates are enforced. (PC: Getty Images)
