Consent orders preserve regulatory enforcement flexibility, allowing negotiated settlements subject to procedural waivers and committee approval. Guidelines create a procedural framework for Consent Orders and Composition Of Offences under SEBI-linked statutes, allowing settlement at any stage after probable cause, subject to referral to a High Powered Committee and approval by designated SEBI authorities. Acceptance depends on detailed factors-intentionality, cooperation, gravity of charge, investor harm, remedial measures and deterrence-and requires broad written waivers of procedural rights; consent orders are binding, published, monitored for compliance, and non-compliance revives statutory enforcement.