Series 7: 3.3.3.2. Distribution Of Profits

Taken from our Series 7 Online Guide

3.3.3.2. Distribution of Profits

When syndicate members receive an order for a sale, they report it to the lead underwriter, who records and confirms the order. Syndicate members must report the type of order (discussed later) and, for group orders, th

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Cornell Capital Management

David Hartzell, Cornell Capital Management, New York