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FINRA SIE Exam Syllabus Topics:
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Reference: https://www.finra.org/registration-exams-ce/qualification-exams/securities-industry-essentials-exam
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FINRA Securities Industry Essentials Exam (SIE) Sample Questions:
When facilitating the purchase or sale of securities in the open market for a customer and charging a commission, a firm is acting as a:
- A. Dealer
- B. Transfer agent
- C. Principal
- D. Broker
Correct Answer: D 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
A municipal finance professional (MFP) is asked to contribute to the re-election campaign of an issuer official for whom the MFP is not entitled to vote. In making this contribution, the ability of the MFP ' s public finance department to conduct municipal securities business with the issuer is affected:
- A. only if the contribution is more than a minimum of $100.
- B. if any amount of money is contributed, no minimum required.
- C. only if the contribution is more than a minimum of $300.
- D. only if the contribution is more than a minimum of $250.
Correct Answer: B 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
Which of the following entities is considered a self-regulatory organization?
- A. SIPC
- B. The Department of Justice
- C. The MSRB
- D. The SEC
Correct Answer: C 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
Which of the following information is typically contained in the preliminary prospectus for a company conducting an initial public offering?
- A. Ownership structure
- B. Anticipated trading volume
- C. Offering price
- D. FINRA approval of the merits of the offering
Correct Answer: A 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
Which of the following company details is included on a balance sheet?
- A. Assets, debts and number of investors
- B. Earnings at a specific point in time
- C. Revenues and expenses
- D. Assets, debts and the amount invested in the company
Correct Answer: D 🗳️
Explanation: Only visible for 2Pass4sure members. You can sign-up / login (it's free).
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