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SEBI has directed Jane Street Group entities to deposit Rs 4,843.57 crore in unlawful gains into an escrow account, with a lien in favour of the regulator and restrictions on all bank debits.
Sebi is also mulling allowing fund houses to launch sectoral debt funds, on the lines of sectoral equity funds. If the proposals are accepted, most of the schemes will be allowed to invest some ...
New Delhi, Jul 25 (PTI) Markets regulator Sebi on Friday proposed to ease the rules for issuers of non-convertible securities by replacing the requirement of sending a hard copy of financials and ...
SEBI also said it would "impound" 48.4 billion rupees ($566.71 million) from Jane Street which it said were "unlawful gains earned" from the alleged misconduct.
India Business News: Mumbai: Former Sebi chief Madhabi Puri Buch has come out strongly against those pointing fingers at the regulator in the Jane Street market manipulati.
Jane Street has denied any wrongdoing but has deposited the entire amount in an escrow account. Subsequently, Sebi lifted the trading ban on July 21, albeit with conditions.
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