ashleyschooler8411 ashleyschooler8411
  • 20-01-2020
  • Business
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A group of underwriters formed to share the risk in marketing and distributing a sale of securities to the investing public is called a

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jepessoa
jepessoa jepessoa
  • 22-01-2020

Answer:

Syndicate

Explanation:

In finance, a syndicate refers to a temporary alliance formed to carry on a common transaction. Syndicates are usually formed when a very large transaction cannot be handled by individual firms or underwriters, so they decide to work together. The largest syndicate in the world is Lloyd's reinsurance market.

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