The Securities and Exchange Board of India has barred Jane Street Group entities from accessing the Indian securities market.
The market regulator passed the order as part of enforcement action. It applies to all Jane Street Group entities operating in India and restricts their ability to trade or participate in any market-related activity.
“Entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly,” SEBI said in an order.
The prohibition is immediate and remains in effect until further directions from SEBI.
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