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
said.
"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.
Bureau Report
First Published: Thursday, September 10, 2009, 16:13