What is the group of underwriters called who share both the risks and the marketing responsibilities for a securities offering?

Question

Quizplus · Accepted Answer

A group of underwriters who share both the risks and the marketing responsibilities for a securities offering is called a syndicate. This group typically consists of several investment banks or securities firms who work together to underwrite the securities issue and then distribute the shares to their clients.

What Is the Group of Underwriters Called Who Share Both