<p>"The listing time should come down to seven days... primary market is still somewhat inefficient compared to the secondary market," Sebi Chairman, C B Bhave said at a conference here.<br /><br />He said the timely settlement of transactions continue to be a challenge in the system.<br />Also, there was a need to reduce the cost of mutual funds and the risk of investors.<br />"We need to look at reducing the cost of mutual funds and risk of investors," Bhave said.<br /><br />Noting that the worst (of the global financial crisis) is behind us, Bhave said the market should not get carried away with the euphoria.</p>
<p>"The listing time should come down to seven days... primary market is still somewhat inefficient compared to the secondary market," Sebi Chairman, C B Bhave said at a conference here.<br /><br />He said the timely settlement of transactions continue to be a challenge in the system.<br />Also, there was a need to reduce the cost of mutual funds and the risk of investors.<br />"We need to look at reducing the cost of mutual funds and risk of investors," Bhave said.<br /><br />Noting that the worst (of the global financial crisis) is behind us, Bhave said the market should not get carried away with the euphoria.</p>