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

Assessment: WAEC SSCE - Commerce - 1995 (Objective) Subject: Commerce

Question 1 Report

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 SEC is a government agency responsible for supervising and regulating the Nigerian capital market, including the stock exchange. It ensures compliance with securities laws, protects investors' interests, and promotes transparency and fairness in the market. The SEC sets rules and guidelines for the operations of the stock exchange, approves the listing of securities, and monitors the activities of brokers, dealers, and other market intermediaries.

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