Business
Business, 10.09.2019 23:20, MengXiong1

The typical role of a securities firm in a public offering of securities is to 1) purchase the entire issue for its own investment. 2) place the entire issue with a single large investor. 3) spread the issue across several investors until the entire issue is sold. 4) provide all large investors with loans so that they can invest in the offering.

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