Series 50: Other Underwriter Responsibilities

Other Underwriter Responsibilities

Additionally, in both competitive and negotiated bids underwriters are responsible for acquiring the money from investors and providing it to the issuer at the closing.

In a negotiated bid, underwriters have several other responsibilities, which include:

• • Working with the municipality and the municipal advisor to create a plan for the issuance process
• • Determining whether the bond structure will be term or serial