An important service provided by underwriters is

Question

Quizplus · Accepted Answer

Underwriters conduct extensive due diligence on potential issuers of securities, help to establish a fair offering price, and provide valuable information to potential investors. By doing so, underwriters can help to lower the costs of information gathering for investors, which can be significant and costly. This is a key service that underwriters provide. While underwriters may also provide insurance services, such as insuring firms against loss from fire or employee theft, these are not their primary function.

An Important Service Provided by Underwriters Is