capital markets
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Capital market
The capital market is the
market
for
securities
, where
companies
and the
government
can raise long-term funds. The capital market 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 designated countries to ensure that investors are protected against fraud. The capital markets consist of the
primary market
, where new issues are distributed to investors, and the
secondary market
, where existing securities are traded.
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