key institution which facilitate the issue and sale of various types of securities is called
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A stock exchange is an institution which provides a platform for buying and selling of existing securities. As a market, the stock exchange facilitates the exchange of a security (share, debenture etc.
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Investment banks help register new stocks and bonds with the Securities and Exchange Commission (SEC) and draft the necessary documents, such as the prospectus. However, investment banks make the biggest impact in terms of underwriting security issues.
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