U.S. buying and selling agency Jane Street recordsdata case in opposition to SEBI, doc reveals

Jane Street on Wednesday (September 3, 2025) filed a case in opposition to India’s markets regulator which has accused the U.S. high-frequency buying and selling large of market manipulation, in response to a case doc reviewed by Reuters.

The case has been filed within the Securities Appellate Tribunal, the primary level of enchantment in opposition to regulatory orders.

Jane Street declined to remark in a reply to an e-mail from Reuters. Securities and Exchange Board of India (SEBI) didn’t instantly reply to a request for remark.

The agency in its submitting has stated the markets regulator isn’t offering paperwork and information that it believes are pertinent to rebut the allegations of market manipulation.

Today’s enchantment requests that SAT instruct SEBI to supply Jane Street with the lacking supplies, stated a supply with direct information of the matter.

“These documents are undeniably relevant,” the agency stated within the court docket submitting.

SEBI on July 4 quickly barred Jane Street from the native market on allegations that it manipulated India’s key indexes, in one of many strongest actions it has taken in opposition to a international investor. The agency was requested to reply to the allegations inside 21 days of the order, however the deadline has handed.