GENERAL4 Sept 2026
Jane Street vs SEBI: SAT begins hearing appeal against interim order, fixes October 5 for next hearing
Jane Street's fight with SEBI moves forward. The Securities Appellate Tribunal, or SAT, has started hearing the firm's appeal against SEBI's interim order. SEBI passed that order on July 3, 2025, over alleged manipulation of Bank Nifty in India's derivatives market. SAT has kept October 5 as the next hearing date. The case covers 18 key trading days.
Key Statutory Highlights
- SEBI passed an interim order against Jane Street on July 3, 2025, accusing it of manipulating India's equity derivatives market.
- SAT has begun hearing Jane Street's appeal and fixed October 5 as the next hearing date.
- SEBI's interim order examined 18 key trading days on which it alleged Bank Nifty index manipulation.
Actionable Advice for Taxpayers / Founders:Track the SAT hearing on October 5 and watch for SEBI updates if you trade in derivatives, as this case may affect how such trades are monitored.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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