Which one of these enterprises generally acts as an underwriter for an initial public offering?

Question

Quizplus · Accepted Answer

Investment banks typically act as underwriters for initial public offerings, helping to bring the company public by buying shares from the company and reselling them to investors. Commercial banks may be involved in providing financing for the IPO, but they are not typically the underwriters. Governments and insurance companies are also not typically involved in underwriting IPOs.

Which One of These Enterprises Generally Acts as an Underwriter