Selling syndicate definition
Selling syndicate means any syndicate formed in connection with a public offering, to distribute all or part of an issue of securities by others or sales made directly to the public by or through participants in such syndicate under an agreement which imposes a financial commitment upon the participants in such syndicate to purchase any of such securities.
Selling syndicate means any syndicate formed in connection with a public offering, to distribute all or part of an issue of securities by others or sales made directly to the public by or through participants in such syndicate under an agreement which imposes a financial commitment upon the participants in such syndicate to purchase any of such securities. "Undertaking for Participation in the NASAA/CRD Temporary Agent Transfer Program" means the document entitled "Broker-Dealer Undertaking for Participation in the NASAA/CRD Temporary Agent Transfer Program" which the employing broker-dealer has executed and filed with the CRD.
Selling syndicate. : The term “selling syndicate” means any syndicate formed in connection with a public offering, to distribute all or part of an issue of securities
Examples of Selling syndicate in a sentence
Selling syndicate participants may have incurred responsibilities to their investors, and costs and expenses in their involvement with the offering.