The body regulating the sale and purchase of shares in Nigeria is the?

Assessment: JAMB UTME - Commerce - 2007 Subject: Commerce

Question 1 Report

The body regulating the sale and purchase of shares in Nigeria is the?
Answer Details
The Securities and Exchange Commission is the body regulating the sale and purchase of shares in Nigeria. It is responsible for regulating and developing the Nigerian capital market by supervising the activities of capital market operators, ensuring that listed companies comply with the rules and regulations governing the market, and protecting the interests of investors. The SEC is also responsible for registering, authorizing, and regulating securities exchanges, dealers, brokers, and other market intermediaries.

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