The Securities and Exchange Board of India (SEBI) said it would not settle serious cases such as insider trading and unfair trade practices through the use of consent orders - a mechanism that avoids

Reliance Securities Ltd. (RSL), part of the Anil Dhirubhai Ambani Group, on Thursday said it has agreed to a consent order issued by the Securities and Exchange Board of India (Sebi) and that it would not have any impact on existing customers of the broking firm.