Mumbai, July 4 -- The interim order against the index manipulation matter concerning Jane Street Group, on which the markets regulator passed an order to recover Rs 4,843.57 crore, should not be considered a show cause notice, SEBI sources said, adding that the investigations into the US-based investment firm will continue.
"This interim order is not a Show Cause Notice, and it clearly indicates that investigations into Jane Street will continue. This interim order has only looked at the 18 major days of prima facie BANKNIFTY index manipulation on expiry day during the examination period (January 2023 to March 2025), and 3 days of NIFTY index manipulation on expiry day during May 2025," sources said
Sources added that investigations int...
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