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Sebi’s Jane Street ban: Zerodha’s Nikhil Kamath shocked trading firm ‘kept at it despite warnings’; quips ‘they’re used to lenient US regulatory regime’

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SEBI's action against Jane Street for alleged market manipulation in options trading has sparked concerns about its impact on India's markets. Zerodha's Nithin Kamath warns that while the crackdown is justified, the potential pullback by prop trading firms like Jane Street, which constitute a significant portion of options trading, could negatively affect retail activity and exchanges.
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