Jane Street to fight SEBI's market manipulation charges: Report
Jane Street Group, a US-based trading firm, is set to challenge SEBI's charges that it manipulated the Bank Nifty Index for profit, according to a report. The firm called the allegations "extremely inflammatory" and claimed that it had repeatedly tried to communicate with SEBI, but was "consistently rebuffed". The regulator has ordered the seizure of over ₹4,843-crore of unlawful gains.