Which of the following regulates and controls the activities in the Nigeria Stock Exchange
-
A.
SEC -
A.
CBN -
B.
BPE -
D.
NDIC
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.