1. Services provided by securities firms

Which of the following are services that are commonly performed by a securities firm? Check all that apply.

Approving registration statements for stock to be sold

Securitizing mortgages

Operating mutual funds

Distribution of stock or bond offerings

Use the following table to determine which key term best represents each given definition that relates to the services provided by securities firms.

Definition	Key Term
When a firm creates a new subsidiary and subsequently sells it to new shareholders through an initial public offering.
The type of agreement where the issuing firm incurs the risk that the proceeds from a stock or bond offering will be less than it needs to raise because the securities firm does not guarantee a price to the issuing firm.
This executes buy and sell orders on a clients behalf but does not provide them with valuable firm information or personal advice.
This provides valuable firm information and personal advice to investors, as well as executing buy and sell orders on their behalf.