Because of the magnitude of the potential losses that may be incurred by an investment bank participating in the sale of a large underwritten security issue, it is customary for a group of banks to create an underwriting syndicate to reduce the risk exposure of each participating bank. The investment bank that organizes and leads the syndicate is called the .

The answer is "Managing Underwriter".

Explanation:

The investment company which coordinates and manages its union would be related to it as the management firm, which would be a subscription corporate framework a group. It is also the union's primary or principal owner. This same firm works which perform functions with both the registered owner on behalf of the business syndicate, to organize street presentations, etc.  

24 years, i believe is the correct answer.

it is a i took the test.