Massive Blow: SEBI’s Unprecedented SEBI Jane Street Penalty Shakes Market
The Indian financial landscape witnessed a seismic event today as the Securities and Exchange Board of India (SEBI) imposed its highest-ever penalty, a staggering Rs 4,843.57 crore, on the U.S.-based quantitative trading firm Jane Street Group. The punitive action comes after a thorough investigation into alleged index manipulation, sending a clear message across the global…