Monday, December 17, 2007

Capital market

The capital market is the market for securities, where companies and the government can heave long-term funds. It includes the stock market and the bond market. Financial regulators, such as the U.S. Securities and Exchange Commission, oversee the capital markets in their selected countries to make certain that investors are protected against fraud. The capital markets consist of the primary market, where new issues are spread to investors, and the secondary market, where existing securities are traded.

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