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Which is the first Indian exchange to receive a recognition certificate from the United States Securities and Exchange Commission (SEC)?
  • a)
    Ahmedabad Stock Exchange
  • b)
    Madras Stock Exchange
  • c)
    Bombay Stock Exchange
  • d)
    National Stock Exchange
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Which is the first Indian exchange to receive a recognition certificat...
The BSE has received the recognition certificate of 'Designated Offshore Securities Market' (DOSM) from the United States Securities and Exchange Commission (SEC). This will help in the sale of securities to US investors through the BSE platform without registration of such securities with the US SEC. The BSE becomes the first bourse in India to receive the DOSM recognition.
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Which is the first Indian exchange to receive a recognition certificate from the United States Securities and Exchange Commission (SEC)?a)Ahmedabad Stock Exchangeb)Madras Stock Exchangec)Bombay Stock Exchanged)National Stock ExchangeCorrect answer is option 'C'. Can you explain this answer?
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