Underwriting business

The underwriting of securities, money market instruments or derivatives at the company’s own risk for the purpose of placement or the assumption of equivalent guarantees. In Germany, such service providers are subject to supervision by the Federal Financial Supervisory Authority. They also require a license pursuant to § 32 KWG. – See arranger, issuance, bookbuilding, bought deal, guarantee syndicate, client effect, market cultivation, over-allotment option, roadshow, securities trading bank, secondary market securities. – Cf. 2004 Annual Report of BaFin, p. 125 f. (possible conflicts of interest in issuance).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/