An investment banker's main responsibility is to help firms work out the financial details of issuing new securities before a public offering. This can include assisting the firm with the planning and market assessment phase, providing assistance with SEC details, and deciding whether to sell the stock via a firm commitment or a best efforts approach.

Question

Quizplus · Accepted Answer

This statement accurately describes the main responsibilities of an investment banker in relation to issuing new securities.

An Investment Banker's Main Responsibility Is to Help Firms Work