passwella.
Menu

WAEC Commerce 1995 Question 35

Question 35

Stock Exchange

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

  1. A.Central Bank
  2. B.Nigerian Association of Commercial Banks
  3. C.Securities and Exchange Commission (SEC)
  4. D.Nigerian Association of Chambers of Commerce
  5. E.Brokers and Jobbers
Show the answer and explanation

Answer: C (Securities and Exchange Commission (SEC))

Explanation

The Securities and Exchange Commission regulates the capital market, including the Stock Exchange.