New Delhi, Oct 7 (PTI) Four entities have settled with the capital markets regulator Sebi in a case related to the alleged front-running of trades after paying collectively Rs 1.76 crore towards settlement charges.

Front-running refers to an illegal practice in the stock market where an entity trades based on advance information from a broker or analyst before the information has been made available to its clients.

"...it is hereby ordered that any proceedings that may be initiated for the violations are settled in respect of the applicants (Manish, Ashish, Rajni, and Indus Strategy Financial Advisors)," Sebi's whole-time members Ananth Narayan G and Kamlesh C Varshey said in the order passed on Monday.

The four entities -- Manish Chaturvedi, Ashish Chaturvedi, Rajni Chaturvedi and Indu

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