The Securities and Exchange Board of India (SEBI) has allowed Jane Street Group to resume trading in the country’s stock market after the firm deposited 48.4 billion rupees ($564 million) in alleged “unlawful gains” into an escrow account, the Business Standard reported Monday, citing people it didn’t identify.
SEBI informed Jane Street in an email last week that the trading ban had been lifted, according to the report. Officials at SEBI and Jane Street didn’t respond to Business Standard’s request for comment.
The regulator has accused Jane Street of engaging in manipulative transactions involving local options and shares — allegations the firm has denied. The case has gripped the financial industry, pitting the trading giant against regulators in the world’s most active equity derivatives market.
SEBI did not immediately respond to an email from Bloomberg News to its spokesperson requesting comment.
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Published on July 21, 2025
