SIE practice exam Social Science,
Economics, Finance Exam 2026: Complete
Exam Prep with Questions, Answers &
Detailed Explanations
qualified institutional buyers
under rule 144A, an issuer of restricted stock is
permitted to sell to which of the following investors
minor
UTMA accounts are opened under the tax ID of the
UTMA
Uniform Transfers to Minors Act
,the policies to protect the security of nonpublic
information
under SEC regulation S-P(consumer privacy, which of the
following information ust a firm include in its customer
privacy and opt out notices
designating an AML compliance officer
the same stock in a cash account without paying for the
stock in full
federal reserve regulation T
governs the extension of credit by securities brokers and
dealers in the United States. Its best-known function is
the control of margin requirements for stocks bought on
margin.
market risk
a primary distribution involves a sale of newly issued
shares by the issuer while a secondary distribution
involves the sale of already issued and outstanding
shares
primary distribution
,refers to the sale of new securities by a company or
government to raise capital, with the proceeds going
directly to the issuer
secondary distribution
refers to the sale of previously issued securities by a
current shareholder to the public, with the proceeds
going to the seller, not the company
transfer agent
rising
call protection
provision of some bonds that prohibits the issuer from
buying it back for a specified period of time.
the potential deductibility of contributions from state
taxes
529
tax-advantaged investment account designed to help
families save for education expenses
a felony conviction for driving under the influence
charge
U4
, mandatory application used in the securities industry for
individuals to register with self-regulatory organizations
like the FINRA.
shares owned by stockholder
system of statutory voting
allows a common stockholder to cast one vote per share
for each position on the board of directors
call date and call price
call provision of a bond
a clause in a bond that allows the issuer to redeem (or
"call") the bond and pay back the principal to the
bondholder before the maturity date.
send written notice to supervisor outlining the activity
and compensation structure
approval
It means the RR must notify their firm in writing and get
written __________ before taking part in the private
securities transaction.
provide account opening forms to new customer
clerical/administrative
Economics, Finance Exam 2026: Complete
Exam Prep with Questions, Answers &
Detailed Explanations
qualified institutional buyers
under rule 144A, an issuer of restricted stock is
permitted to sell to which of the following investors
minor
UTMA accounts are opened under the tax ID of the
UTMA
Uniform Transfers to Minors Act
,the policies to protect the security of nonpublic
information
under SEC regulation S-P(consumer privacy, which of the
following information ust a firm include in its customer
privacy and opt out notices
designating an AML compliance officer
the same stock in a cash account without paying for the
stock in full
federal reserve regulation T
governs the extension of credit by securities brokers and
dealers in the United States. Its best-known function is
the control of margin requirements for stocks bought on
margin.
market risk
a primary distribution involves a sale of newly issued
shares by the issuer while a secondary distribution
involves the sale of already issued and outstanding
shares
primary distribution
,refers to the sale of new securities by a company or
government to raise capital, with the proceeds going
directly to the issuer
secondary distribution
refers to the sale of previously issued securities by a
current shareholder to the public, with the proceeds
going to the seller, not the company
transfer agent
rising
call protection
provision of some bonds that prohibits the issuer from
buying it back for a specified period of time.
the potential deductibility of contributions from state
taxes
529
tax-advantaged investment account designed to help
families save for education expenses
a felony conviction for driving under the influence
charge
U4
, mandatory application used in the securities industry for
individuals to register with self-regulatory organizations
like the FINRA.
shares owned by stockholder
system of statutory voting
allows a common stockholder to cast one vote per share
for each position on the board of directors
call date and call price
call provision of a bond
a clause in a bond that allows the issuer to redeem (or
"call") the bond and pay back the principal to the
bondholder before the maturity date.
send written notice to supervisor outlining the activity
and compensation structure
approval
It means the RR must notify their firm in writing and get
written __________ before taking part in the private
securities transaction.
provide account opening forms to new customer
clerical/administrative
