TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
FINRA SIE Outline Exam Questions and
Answers | 100% Pass
The Securities Act of 1933 - Answer✔️✔️-The Securities Act of 1933 focused on greater
transparency for investors
After the stock market crash of 1929, it was passed into law to protect investors.
Greater financial transparency and accuracy and less fraud or manipulation.
The legislation had two main goals: to ensure more transparency in financial statements
so investors could make informed decisions about investments; and to establish laws
against misrepresentation and fraudulent activities in the securities markets.
obligations to Your Firm - Answer✔️✔️-FORM UPDATES
OUTSIDE BUSINESS ACTIVITIES
BOOKS AND RECORDS
PROFESSIONAL DESIGNATIONS
Personal Securities Accounts and Investments Away From Your Firm
Securities Transactions Away From Your Firm
IPO's
CONFLICTS OF INTEREST
1/31
,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
GIFTS AND GRATUITIES
ADVERTISING REQUIREMENTS
http://www.finra.org/industry/manage-your-career/obligations
Forms U4 & U5 - Answer✔️✔️-You are responsible for ensuring that all updates to your
Form U4 are accurate, timely and provided to your firm. The FINRA By-Laws also
require firms to file a Form U5 within 30 days of your termination from the firm and to
provide you with a copy of the filing. In addition, if the firm learns of any facts or
circumstances that make the previously filed U5 inaccurate or incomplete, the firm is
required to amend the filing at that time and provide you with a copy.
http://www.finra.org/industry/manage-your-career/obligations
Outside Business Activities - Answer✔️✔️-During your association with a firm you may
not be an employee, independent contractor, sole proprietor, officer, director or partner
of another person as a result of any business activity outside the scope of the
relationship with your firm, unless you have provided prior written notice to your firm
pursuant to FINRA Rule 3270. Accordingly, you should discuss with your supervisor any
offer to work part-time or off-hours with any other business concern or receipt of any
form of compensation from a source other than your firm. Your firm must evaluate your
proposed outside business activities to determine whether to impose conditions, limit or
2/31
,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
even prohibit your proposed activity because such activity may interfere with your role at
the firm or be perceived by customers as part of the firm's business.
http://www.finra.org/industry/manage-your-career/obligations
http://finra.complinet.com/en/display/display_main.html?rbid=2403&record_id=16455
http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=12012
Books and Records - Answer✔️✔️-As a registered representative, your work-related
documents, such as correspondence with customers, new account forms and copies of
customer statements and customer complaints must be reviewed and retained by your
firm in specific ways according to FINRA Rule 4510 and other rules (e.g. FINRA rules
4511, 4512, 4513, 4514, and 4515). Regardless of the name on the incoming envelope,
these documents are also the property of the firm.
http://www.finra.org/industry/manage-your-career/obligations
Professional Designations - Answer✔️✔️-FINRA Rule 2210 prohibits brokerage firms and
brokers registered with FINRA from referencing legitimate degrees or designations in a
misleading manner or referencing non-existent or self-conferred degrees/designations.
FINRA's page on Understanding Professional Designations will help you learn more
3/31
, TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
about professional designations generally while FINRA's Senior Designations page will
help you learn more about designations relating to elderly investors.
http://www.finra.org/industry/manage-your-career/obligations
http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=10648
http://www.finra.org/investors/professional-designations
http://www.finra.org/industry/2011-senior-designation-survey-results
Personal Securities Accounts and Investments Away From Your Firm - Answer✔️✔️-
FINRA Rule 3210 requires a registered representative to receive prior written consent
from the member firm with which they are registered (the employing member) before
opening any account, in which securities transactions can be effected and in which the
registered person has a beneficial interest, at any other member firm (the executing
member) or other financial institution. The registered representative must also notify in
writing the executing member, or other financial institution, of their association with the
employing member. In turn, the executing member is required, upon written request by
the employing member, to transmit duplicate copies of confirmations and statements to
the registered representative's employer for their account(s) including any account they
4/31
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
FINRA SIE Outline Exam Questions and
Answers | 100% Pass
The Securities Act of 1933 - Answer✔️✔️-The Securities Act of 1933 focused on greater
transparency for investors
After the stock market crash of 1929, it was passed into law to protect investors.
Greater financial transparency and accuracy and less fraud or manipulation.
The legislation had two main goals: to ensure more transparency in financial statements
so investors could make informed decisions about investments; and to establish laws
against misrepresentation and fraudulent activities in the securities markets.
obligations to Your Firm - Answer✔️✔️-FORM UPDATES
OUTSIDE BUSINESS ACTIVITIES
BOOKS AND RECORDS
PROFESSIONAL DESIGNATIONS
Personal Securities Accounts and Investments Away From Your Firm
Securities Transactions Away From Your Firm
IPO's
CONFLICTS OF INTEREST
1/31
,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
GIFTS AND GRATUITIES
ADVERTISING REQUIREMENTS
http://www.finra.org/industry/manage-your-career/obligations
Forms U4 & U5 - Answer✔️✔️-You are responsible for ensuring that all updates to your
Form U4 are accurate, timely and provided to your firm. The FINRA By-Laws also
require firms to file a Form U5 within 30 days of your termination from the firm and to
provide you with a copy of the filing. In addition, if the firm learns of any facts or
circumstances that make the previously filed U5 inaccurate or incomplete, the firm is
required to amend the filing at that time and provide you with a copy.
http://www.finra.org/industry/manage-your-career/obligations
Outside Business Activities - Answer✔️✔️-During your association with a firm you may
not be an employee, independent contractor, sole proprietor, officer, director or partner
of another person as a result of any business activity outside the scope of the
relationship with your firm, unless you have provided prior written notice to your firm
pursuant to FINRA Rule 3270. Accordingly, you should discuss with your supervisor any
offer to work part-time or off-hours with any other business concern or receipt of any
form of compensation from a source other than your firm. Your firm must evaluate your
proposed outside business activities to determine whether to impose conditions, limit or
2/31
,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
even prohibit your proposed activity because such activity may interfere with your role at
the firm or be perceived by customers as part of the firm's business.
http://www.finra.org/industry/manage-your-career/obligations
http://finra.complinet.com/en/display/display_main.html?rbid=2403&record_id=16455
http://finra.complinet.com/en/display/display.html?rbid=2403&element_id=12012
Books and Records - Answer✔️✔️-As a registered representative, your work-related
documents, such as correspondence with customers, new account forms and copies of
customer statements and customer complaints must be reviewed and retained by your
firm in specific ways according to FINRA Rule 4510 and other rules (e.g. FINRA rules
4511, 4512, 4513, 4514, and 4515). Regardless of the name on the incoming envelope,
these documents are also the property of the firm.
http://www.finra.org/industry/manage-your-career/obligations
Professional Designations - Answer✔️✔️-FINRA Rule 2210 prohibits brokerage firms and
brokers registered with FINRA from referencing legitimate degrees or designations in a
misleading manner or referencing non-existent or self-conferred degrees/designations.
FINRA's page on Understanding Professional Designations will help you learn more
3/31
, TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
about professional designations generally while FINRA's Senior Designations page will
help you learn more about designations relating to elderly investors.
http://www.finra.org/industry/manage-your-career/obligations
http://finra.complinet.com/en/display/display_main.html?rbid=2403&element_id=10648
http://www.finra.org/investors/professional-designations
http://www.finra.org/industry/2011-senior-designation-survey-results
Personal Securities Accounts and Investments Away From Your Firm - Answer✔️✔️-
FINRA Rule 3210 requires a registered representative to receive prior written consent
from the member firm with which they are registered (the employing member) before
opening any account, in which securities transactions can be effected and in which the
registered person has a beneficial interest, at any other member firm (the executing
member) or other financial institution. The registered representative must also notify in
writing the executing member, or other financial institution, of their association with the
employing member. In turn, the executing member is required, upon written request by
the employing member, to transmit duplicate copies of confirmations and statements to
the registered representative's employer for their account(s) including any account they
4/31
