Prediction markets occupy a grey area under Hong Kong’s gambling laws, with experts warning that the increasingly popular betting platforms could pose risks related to market manipulation and consumer protection. Lawyers and a legislator said that while a ban could restrict access to these largely unregulated betting platforms, authorities would face challenges in gathering evidence…
Securities and Exchange Board (SEBI) has accused Jane Street, one of Wall Street’s biggest trading firms, of running what it calls “an intentional, well planned, and sinister scheme” to distort the country’s markets. The Financial Times reported the regulator’s findings on Monday. Reuters has not verified this independently. On Friday, SEBI barred Jane Street from…
Leader of Opposition in the Lok Sabha Rahul Gandhi. File | Photo Credit: ANI Leader of Opposition in the Lok Sabha Rahul Gandhi on Monday (July 7, 2025) accused the Modi Government of making the rich richer and pushing ordinary investors to the brink of ruin by being silent on ‘manipulation’ by big players in…
Sebi‘s crackdown on Jane Street has jolted the country’s financial markets, exposing regulatory blind spots and triggering urgent debate over whether the regulator can keep pace with the speed, complexity, and scale of modern derivatives trading. As the dust settles, all eyes are now on the regulator’s next move, and whether it can restore trust…