Ex-SEBI Chief Madhabi Puri Buch Responds to Jane Street Probe Allegations, Calls Media Reports a ‘False Narrative’
Former SEBI chairperson Madhabi Puri Buch has firmly rejected claims of regulatory failure in the ongoing Jane Street investigation, stating that the probe was initiated in April 2024—well over a year before SEBI's interim order dated July 3, 2025.
In an official press statement issued on Tuesday, Buch addressed what she described as “false narratives” being circulated by sections of the media. According to her, the regulatory body had taken timely and appropriate action, and the investigation into Jane Street was very much active during her tenure.
🕵️♀️ Probe Timeline: What Buch Clarified
Madhabi Puri Buch emphasized that:
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SEBI initiated the Jane Street probe in April 2024.
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The matter was consistently monitored and developed under her leadership.
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Accusations of delayed action or inaction are “factually incorrect and misleading.”
This clarification comes in response to media reports suggesting SEBI had been slow to act in the case involving Jane Street’s market activities.
📰 Media vs Regulator: What’s the Controversy?
Certain reports have pointed fingers at SEBI’s alleged lack of urgency and oversight in handling the Jane Street case. In contrast, Buch’s statement defends the institution's integrity and accuses some media outlets of misreporting timelines and ignoring documented actions taken by the regulator.
She stated that misinformation erodes public trust and that it is crucial to stick to facts—especially when regulatory reputation is at stake.
📢 Investor Alert from Moneycontrol
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“Moneycontrol does not solicit funds or promise assured returns.”
If approached by such scammers, users are advised to report the matter to:
📧 grievanceofficer@nw18.com
📞 022-68882347
🧾 Final Word
As the Jane Street investigation unfolds, this strong rebuttal from Madhabi Puri Buch underscores the need for accountability in both media and financial reporting. At a time when trust in financial regulators is vital, such clarifications may help reinforce transparency.
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Reference from:- https://www.moneycontrol.com/news/business/markets/ex-sebi-chief-madhabi-puri-buch-asserts-probe-against-jane-street-was-initiated-and-carried-through-under-her-watch-slams-false-narrative-13243361.html