Which of the following regulates and controls the activities in the Nigeria Stock Exchange
-
SEC
- CBN
- BPE
- NDIC
The correct answer is: 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.