(Reuters) -Dominari Holdings, a company backed by the sons of U.S. President Donald Trump, said on Thursday its financial advisory business has won approval to be a lead or principal underwriter for initial public offerings on the New York Stock Exchange. The ability to lead an IPO can be instrumental for an investment bank, as it positions them for maximum control and financial gain from a listing. The company had received a similar approval from Nasdaq in August. Trump's family has announced several business ventures since his election win, serving as paid advisors on corporate boards and expanding their investments in a financial firm, golf courses, hotels, telecom and crypto miners and ventures that they say echo the president's policies and agenda. Eric and Trump Jr. own 6.28% each in

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