What Does a Professional Liability Underwriter Do?

Underwriting liability is the obligation that a securities underwriter shall perform in the process of underwriting securities in accordance with the provisions of the underwriting agreement. For example, securities underwriters should verify the authenticity, accuracy, and completeness of securities issuance statements (such as bond issuance announcements, prospectuses, fund securities issuance statements, etc.) and other relevant promotional materials; during the underwriting period, they should make every effort to subscribe The securities underwritten by the public shall be promoted and offered by the issuer; upon the expiration of the underwriting period, the issuing funds shall be transferred to the issuer's designated account in accordance with the agreed method, and so on. ^[1]