Jane Street Allowed to Resume Trading in India, SEBI Says (1)

India’s securities regulator has allowed Jane Street Group LLC to resume trading in the country’s stock market after the firm complied with its direction to deposit 48.4 billion rupees ($564 million) in alleged “unlawful gains” into an escrow account, according to a statement by the regulator on its website.

Jane Street has been directed to cease and desist from engaging in any “fraudulent, manipulative or unfair trade practice” that may be in breach of regulations, the Securities and Exchange Board of India said. The Wall Street firm has “confirmed that they will comply with this,” SEBI said.

In a statement ...