SEBI shuts the consent route
The Securities and Exchange Board of India (SEBI) in the recent revised scheme of consent order has shut the consent route for: -
- Insider trader
- Front runner
- Market manipulator
- Failure to redress investor grievances, failure to make obligatory disclosures.
- Non-Compliance with SEBI summons non-compliance with SEBI Orders.
- Application before completing any investigation/Inspection.