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

The following are the guidelines: -

• 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.