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A more straightforward explanation could be that the strategy is not market manipulation by conventional SEC thinking, and that this SEBI enforcement action is
by pgwhalen 1y ago
A more straightforward explanation could be that the strategy is not market manipulation by conventional SEC thinking, and that this SEBI enforcement action is an unwelcome surprise rather than “damn they got us.”
- SpicyLemonZest 1y agoThe article, and the order it's based on, indicate that Jane Street continued this trade for months after being told in February of this year that they need to stop.
- bmitc 1y agoThat's how corporations behave when they have lawyers.