SIE Practice Exam with Questions and Answers

SIE Practice Exam with Questions and Answers Broker-dealer ABC seeks to underwrite a municipal securities offering by a local town in which the mayor is currently seeking re-election. A municipal finance professional who resides in the town and works for ABC contributed $200 to the mayor's re-election campaign 13 months ago. If the employee wants to support the campaign further without impacting the municipal securities business of the firm, he is permitted to make an additional contribution of up to what amount? a) $50 b) $100 c) $150 d) $250 ANSWER a) $50 An associated person who is not a registered representative is permitted to engage in which of the following activities? a) Accept an unsolicited customer order b) Provide account opening forms to a new customer c) Discuss the attributes of a particular investment product d) Prequalify prospective customers as to investment objectives ANSWER b) Provide account opening forms to a new customer A registered representative (RR) wants to participate in a private securities transaction. Which of the following actions must the RR take?