Which of the following is not a main function of underwriters today?

Question

Quizplus · Accepted Answer

Providing venture capital is not a main function of underwriters today. The other three options (reputation and signaling, origination, and placement) are all main functions of underwriters today. Providing venture capital is not a main function of underwriters today. Underwriters are primarily responsible for origination, which involves identifying potential securities to be offered; placement, which involves selling the securities to investors; and reputation and signaling, which involves vouching for the quality and reliability of the securities being offered.

Which of the Following Is Not a Main Function of Underwriters