False: Ex-SEBI chief Buch on claims of regulatory failure in Jane Street case
Ex-SEBI chief Madhabi Puri Buch rejected allegations that the market regulator acted too late in the Jane Street market manipulation case. She blamed parts of media for creating a
"false narrative" of regulatory failure, adding, "The order passed by SEBI speaks for itself." Notably, SEBI has banned Jane Street from Indian markets for allegedly making illegal gains totalling ₹36,500 crore.