The U.S. trading firm’s entities are “further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”The U.S. trading firm’s entities are “further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”
The Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India’s securities market, according to an order posted on the regulator’s website on Friday.
The order stated that the American trading firm’s “entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”
It further stated that banks have been directed to ensure that “no debits are made, without permission of SEBI,” for accounts held by Jane Street’s entities either jointly or individually.
CNBC has reached out to SEBI and Jane Street for comment.
This is a developing story. Please check back for updates.
