Which of the following terms is defined as the group of investment banks used to help sell and distribute a new security issue?
A) Take down
B) Syndicate
C) Underwriter's spread
D) Originating house

Question

Quizplus · Accepted Answer

A syndicate is a group of investment banks and brokerage firms that come together to sell and distribute a new security issue to the public or institutional investors. They work collectively to ensure the success of the security offering.

Which of the Following Terms Is Defined as the Group