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"The person who shares in selling responsibility and liability, but who does not have decision making authority in a new issue syndicate, is known as the:"
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"The person who shares in selling responsibility and liability, but who does not have decision making authority in a new issue syndicate, is known as the:"

User Arturas M
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Answer:

Syndicate members

Step-by-step explanation:

Syndicate members are commercial or investment banks, usually registered with market regulator, Sebi in India, or registered as brokers with stock exchanges, responsible for underwriting IPOs. They work

User Axion
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