What must underwriters seek from issuers according to MSRB Rule G-17?

Underwriters are required to obtain an acknowledgment of the risks involved in the transaction from issuers as per MSRB Rule G-17. This rule emphasizes the necessity for underwriters to ensure that issuers are fully aware of and understand the risks associated with the debt instruments being offered. This acknowledgment is crucial because it aligns the interests of both parties and helps maintain transparency throughout the issuance process.

Understanding the risks allows issuers to make informed decisions regarding the structuring and timing of their offerings. It also reflects the underwriter's role in acting as a fair and honest intermediary, ensuring that both the issuers and investors are adequately informed. This adherence to transparency and ethical practices supports the integrity of the municipal securities market.