The underwriting syndicate is a group of firms involved in selling stock to the public.

Name: The underwriting syndicate is a group of firms involved in selling stock to the public.
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The underwriting syndicate is a group of investment banks and brokerage firms that help to sell securities, such as stocks, to the public. It is also responsible for setting the price of the securities and for ensuring that the offering is fully subscribed.

The Underwriting Syndicate Is a Group of Firms Involved in Selling