ISE Securities to settle case with Sebi

Mumbai: The Securities and Exchange Board of India has passed a settlement order against ISE Securities for not complying with its stock brokers regulations.

"The High Powered Advisory Committee in its meeting held on February 26,2018 considered the settlement terms proposed and recommended the case for settlement up on payment of Rs 6,00,000 by the applicant towards settlement charges,"Sebi said.

The consent order has disposed of the adjudication proceedings against the company, the regulator said.