Which of the following regulates and controls the activities in the Nigerian Stock Exchange?

Assessment: JAMB UTME - Commerce - 2014 Subject: Commerce

Question 1 Report

Which of the following regulates and controls the activities in the Nigerian Stock Exchange?
Answer Details
The Securities and Exchange Commission (SEC) is the regulatory body that regulates and controls the activities in the Nigerian Stock Exchange. The SEC is responsible for overseeing the securities market in Nigeria, including the registration of market operators, the approval of securities offerings, and the enforcement of securities laws and regulations. It is an independent agency of the Nigerian federal government, established in 1979 under the Securities and Exchange Commission Decree (now Act) No. 29 of 1979.
Read lesson note on Stock Exchange (JAMB)
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