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

A. SEC
A. CBN
B. BPE
D. NDIC

Correct Answer:

Option A – SEC

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.