Mumbai: There is a need to ensure ethics
among market participants for efficient and transparent
functioning of the system, a top SEBI official said on Thursday.
"There has not been much emphasis on ethics (among
market participants) as there should have been," SEBI Whole-
Time Member, Prashant Saran, said at a FICCI-IBA seminar here.
The market regulator is in constant discussions with
other regulators and market participants to bring in
development in the country`s corporate bond market, Saran
"There is a constant discussion among regulators and
market participants (on issues related to the development of
the corporate bond market)," Saran said.
Also, the regulator`s endeavour has been to bring down
the cost of transactions in the market, he said.