The firms that serve as intermediaries in selling newly issued securities are called ____ firms.

Name: The firms that serve as intermediaries in selling newly issued securities are called ____ firms.
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Investment banking firms are the intermediaries that facilitate the sale of newly issued securities. They assist in the underwriting and distribution of securities, and work closely with the issuing company to determine the terms of the offering.

The Firms That Serve as Intermediaries in Selling Newly Issued