Jane Street hits back at Sebi’s allegations, says ‘regulator changed the goal posts’
Jane Street's counsel challenged the Securities and Exchange Board of India's claims regarding its trading strategy and actions. The firm has paid the amount requested by SEBI, even before a hearing took place. Jane Street halted its trading in India and questioned the regulator's focus on large trade volumes. Complaints received by SEBI were discussed, emphasizing...
Key Takeaways
- Jane Street's counsel challenged the Securities and Exchange Board of India's claims regarding its trading strategy and actions.
- The firm has paid the amount requested by SEBI, even before a hearing took place.
- Jane Street halted its trading in India and questioned the regulator's focus on large trade volumes.
Jane Street's counsel challenged the Securities and Exchange Board of India's claims regarding its trading strategy and actions. The firm has paid the amount requested by SEBI, even before a hearing took place. Jane Street halted its trading in India and questioned the regulator's focus on large trade volumes. Complaints received by SEBI were discussed, emphasizing the right to know the complainants' identities.
Original Publisher Attribution
This summary was curated from Economic Times.