Which of the following regulates and controls the activities of the Nigerian Stock Exchange?
Answer Details
The Securities and Exchange Commission (SEC) regulates and controls the activities of the Nigerian Stock Exchange.
The Nigerian Stock Exchange is the principal securities exchange of Nigeria, where stocks, bonds, and other securities are bought and sold. The SEC is the primary regulatory agency for the Nigerian capital market, responsible for regulating and overseeing the activities of the stock exchange and other participants in the capital market.
The Nigerian Capital Market Association is an industry group that represents the interests of capital market operators. The Nigerian Deposit Insurance Commission insures deposits in Nigerian banks and promotes stability in the Nigerian financial system. The Nigerian Reinsurance Corporation provides reinsurance services to insurance companies. The Central Bank of Nigeria is the country's central bank, responsible for regulating the banking sector and implementing monetary policy.