Overview

• Jane Street filed a case on Wednesday in the Securities Appellate Tribunal, the first forum for challenging SEBI actions.
• The appeal asks the tribunal to order SEBI to provide documents and data the firm says are necessary to rebut the charges.
• SEBI on July 4 temporarily barred Jane Street from Indian markets over alleged manipulation of benchmark indexes.
• The regulator had given the firm 21 days to respond to its order, and that deadline has now passed.
• Jane Street declined to comment to Reuters and SEBI did not immediately respond to a request for comment.