The practice of "placing the issue" is conducted by:
A) the underwriting services of investment banks.
B) mutual fund companies.
C) brokerage firms.
D) commercial banks.

Question

Quizplus · Accepted Answer

The practice of "placing the issue" refers to the process of selling new securities to investors. This process is typically conducted by the underwriting services of investment banks, who help to price and market the securities to potential buyers. Mutual fund companies, brokerage firms, and commercial banks may also participate in the buying and selling of securities, but they are not primarily responsible for the process of placing a new issue.

The Practice of "Placing the Issue" Is Conducted By