<ul data-eligibleForWebStory="false"><li>Zerodha's Nithin Kamath praised SEBI's ban on Jane Street, warning of grim implications for the futures and options trading sector if allegations are true.</li><li>Kamath highlighted the potential negative impact of the crackdown on prop trading firms, stating a possible hit on retail activity and emphasizing the reliance on these giants for F&O volumes.</li><li>He pointed out structural differences between US and Indian markets, suggesting US regulatory leniency may have facilitated such behavior, not permitted in India.</li><li>SEBI alleged Jane Street manipulated the Bank Nifty index, earning over Rs 43,000 crore, leading to a ban on market access and impounding of unlawful gains, which Jane Street disputes.</li></ul>

Zerodha's Nithin Kamath Warns Jane Street Crackdown Could Be 'Bad News': 'If Allegations Are True...'

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