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Following the sale of new corporate securities by an investment banking syndicate, A: investors have a DIRECT financial claim against the investment banking syndicate B:

Following the sale of new corporate securities by an investment banking syndicate,

A: investors have a DIRECT financial claim against the investment banking syndicate

B: Investors have an INDIRECT financial claim against the investment banking syndicate

C: Investors have a DIRECT financial claim against the issuing corporation

D: The investment banking syndicate has a direct financial claim agains the issuing corporation

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