Published on 08/07/2025 03:59 PM
The Indian National Congress (INC) on Tuesday raised serious questions about the credibility of market regulator SEBI and the BJP-led central government, in light of the Jane Street case. The spokesperson Supriya Shrinate spoke at length about the various serious lapses highlighted in the system in light of the Jane Street scandal.
The press conference comes days after the country's market regulator barred US-based high-frequency trading firm from Dalal Street indefinitely and seized $567 million (Rs 4,843 crore) of its funds over suspected derivatives-related market manipulation.
Here are highlights of what the INC spokesperson said:
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