Series 79 practice questionmediumSyndicate Formation
In a syndicate, which member is typically responsible for market stabilization activities post-offering?
- ACo-manager
- BManaging underwriter✓ Correct answer
- CIssuer's counsel
- DLead selling group member
Explanation
Why B — Managing underwriter
The managing underwriter oversees stabilization activities. Co-managers may assist, but ultimate responsibility lies with the manager. The issuer’s counsel and selling group do not stabilize prices.
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