Series 52: Private Placement Agent

Taken from our MSRB Municipal Securities Representative Qualification Examination

Definition of the term Private Placement Agent...

an agent hired by an issuer in a private placement offering who serves as a sort of underwriter to find and secure sophisticated institutional investors for the new issue. Private placement agents must be registered as broker-dealers with the SEC. Also called just a placement agent.

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Solomon Exam Prep Study Materials for the Series 52
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