Which of the following is not a protective function of stock exchange?
A)Prohibition of fraudulent and unfair trade practices.
B)Controlling insider trading.
C)Regulation of takeover bids by companies.
D)Promotion of fair practices and code of conduct in securities market.

Question

Quizplus · Accepted Answer

Regulation of takeover bids by companies is not a protective function of stock exchanges; it is typically managed by regulatory bodies like the Securities and Exchange Commission (SEC) or equivalent in various countries.

Which of the Following Is Not a Protective Function of Stock