Underwriters, IPOs And Potential FINRA Problems

Law360 ( August 3, 2010, 2:57 PM EDT) -- In the past decade, it has become increasingly common for investment banks to have venture capital, private equity or other investment affiliates that invest in private companies for their own account. As a result, in initial public offerings it has been increasingly common for an affiliate of an underwriter to be a stockholder of the issuer, or even to be a selling stockholder in the offering....

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