Top execs rush to settle insider trading cases under Sebi scheme

Top execs rush to settle insider trading cases under Sebi scheme Sebi introduced the consent mechanism for the first time in 2007. The original regulations too permitted any type of market violations to be settled via consent. Synopsis Some senior employees of companies such as Diageo, Titan, Divi’s Laboratories, NIIT and JM Financial have settled their insider trading cases via this mechanism, data showed.