SAT reserves order on Jermyn Capital

The Securities Appellate Tribunal (SAT) today reserved its order in the
Jermyn Capital LLC's appeal against a Securities and Exchange Board of India (Sebi) order barring it from dealing in the domestic securities market.

Jermyn Capital was barred from the Indian securities market after an
investigation by the regulator found that the Sebi-registered FII had links
with rogue trader Ketan Parekh.