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Which of the following regulates and controls the activities in the Nigeria Stock Exchange

Commerce
JAMB 2018

Which of the following regulates and controls the activities in the Nigeria Stock Exchange

  • A. SEC
  • A. CBN
  • B. BPE
  • D. NDIC
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Correct Answer: Option A
Explanation

The Securities and Exchange Commission (SEC) is the main regulatory institution of the Nigerian capital market

The Nigerian Stock Exchange (NSE) is privately owned and self-regulating, but the SEC maintains surveillance over it with the mandate of ensuring orderly and equitable dealings in securities, and protecting the market against insider trading abuses.

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