SAT tells Sebi to respond to Jane Street's appeal, effectively halting further action

India's Securities Appellate Tribunal has instructed the Securities and Exchange Board of India (SEBI) to justify its refusal to disclose additional documents requested by Jane Street in an ongoing market manipulation case. The tribunal has also temporarily halted personal hearings with the trading firm until the next hearing on November 18. This pause delays a potential confirmatory order from SEBI.