 "NSE plans to settle 'unfair access' case through consent mechanism")
The National Stock Exchange (NSE) is plans to settle the allegations of preferential access to certain brokers at its co-location facility through the so-called consent mechanism. The decision in this regard was taken at the exchange's board meeting held on Wednesday, said two people with the direct knowledge of the development.
NSE will soon appoint lawyers through whom it will enter into talks with Sebi for a consent settlement, said a source.
Under consent settlement, an alleged wrongdoer can settle proceedings with Sebi without admitting or denying guilt by paying a monetary penalty and, or following any other
