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'False': Ex-SEBI Chair Buch Dismisses Regulatory Failure Charge In Jane Street Case

  • Former SEBI chairperson Madhabi Puri Buch dismissed claims of regulatory failure in the Jane Street case, stating that SEBI has actively investigated the matter.
  • SEBI barred Jane Street from Indian financial markets for market manipulation and directed the impounding of Rs 4,844 crore, leading Jane Street to contest the allegations.
  • Buch criticized sections of media for spreading a misleading narrative and emphasized SEBI's sustained regulatory efforts in the case.
  • SEBI's actions in the Jane Street case include policy interventions, issuing cease and desist letters, and enhancing surveillance systems to address market concerns.

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