6 days ago
SEBI's Jane Street move is 'part of market evolution', says asset manager
Anish Mathew, CEO & CIO at Sundaram Asset Management Singapore sees SEBI's crackdown on Jane Street as a "part and parcel" of the market evolution, as the Indian regulator barred the trading company over alleged market manipulation. Mathew believes that persistent retail investor losses prompted the regulator's move, calling it a positive step towards ensuring more transparency and less loopholes.