selected dealer agreement

Selected dealer agreement

The set of rules governing the selling group in an underwriting.

Selected Dealer Agreement

An agreement between the underwriters in a syndicate stating what rules the underwriters will follow as they place a new issue with investors. The selected dealer agreement is temporary because every syndicate is itself a temporary arrangement.

selected dealer agreement

An agreement by members of a selling group that specifies the rules under which the group will operate in selling an issue of securities.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

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