What Is the Primary Reason an Investment Banking Firm Often

What is the primary reason an investment banking firm often forms an underwriting syndicate to sell new securities?

A) To ensure that the auction trading process is completed in a fair and efficient manner
B) To enhance liquidity in high-volume trade of securities by maintaining continuous up-to-date prices for the securities assigned to them
C) To regulate the issuance and trading of stocks and bonds
D) To provide the issuing company with the most competitive underwriting bids
E) To spread the risk associated with the purchase and distribution of a new issue of securities