<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr</title>
    <link>https://www.taxtmi.com/news?id=48446</link>
    <description>Sebi found prima facie market manipulation by the Jane Street Group via coordinated cash, futures and index options trades using two main strategies-morning buying with afternoon selling to soften closes, and concentrated last hour expiry trading to influence index levels-and has imposed interim restraints on market access and ordered joint and several impoundment of unlawful gains as disgorgement, with banks directed to block debits except to comply with the order.</description>
    <language>en-us</language>
    <pubDate>Fri, 04 Jul 2025 15:16:03 +0530</pubDate>
    <lastBuildDate>Fri, 04 Jul 2025 16:36:58 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=833752" rel="self" type="application/rss+xml"/>
    <item>
      <title>Sebi bans US-based Jane Street from securities mkt; impounds illegal gains of Rs 4,843 cr</title>
      <link>https://www.taxtmi.com/news?id=48446</link>
      <description>Sebi found prima facie market manipulation by the Jane Street Group via coordinated cash, futures and index options trades using two main strategies-morning buying with afternoon selling to soften closes, and concentrated last hour expiry trading to influence index levels-and has imposed interim restraints on market access and ordered joint and several impoundment of unlawful gains as disgorgement, with banks directed to block debits except to comply with the order.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Fri, 04 Jul 2025 15:16:03 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=48446</guid>
    </item>
  </channel>
</rss>