Jane Street action fraudulent; soon we will know if other entities were involved: Ravi Hegde

SEBI's interim order accuses Jane Street of manipulating stocks and futures by exploiting the correlation between derivatives and stocks, potentially inducing common investors to trade. The firm allegedly engaged in excessive trading, reversing positions at favorable prices, triggering Fraudulent and Unfair Trade Practice regulations. SEBI's investigation is ongoing, with potential involvement of other entities under scrutiny.