The syndicate's role in an underwriting is to sell the new issue of securities.

Name: The syndicate's role in an underwriting is to sell the new issue of securities.
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The syndicate in an underwriting process is a group of investment banks and brokerage firms that come together to sell a new issue of securities to investors, thereby facilitating the distribution of the new securities to the market.

The Syndicate's Role in an Underwriting Is to Sell the New