SAT reserves order in Jane Street case over access to SEBI documents

Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Securities Appellate Tribunal reserved its order on Wednesday in the Jane Street case regarding access to SEBI documents.
- ✓Jane Street sought data to respond to a July 3, 2025, interim order.
- ✓SEBI argued the firm is trying to investigate the investigator, while Jane Street denied any market wrongdoing.
Story at a Glance
- Category
- MARKET
- Reported By
- MoneyControl
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The Securities Appellate Tribunal (SAT) on Wednesday reserved its order in the Jane Street case, in which the trading giant has sought additional documents and information from the Securities and Exchange Board of India (SEBI) to prepare its response to the market regulator's July 3, 2025 interim ex-parte order. Both SEBI and Jane Street informed the tribunal that they had filed their written submissions following arguments in the matter. The tribunal took note of the submissions and 'reserved' its order for pronouncement.
Jane Street had approached SAT in September 2025, alleging that SEBI had not provided certain data, documents and communications with the NSE that could help it respond to the regulator's allegations. The present proceedings concern the disclosure of documents and are not on the merits of SEBI's allegations in its interim order.
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