Finra SIE Exam| 106 Questions| With Complete Solutions
Exempt Securities from SEC Registration correct answer: -securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations -Notes, bills of exchange, bankers acceptances and commercial paper with an initial maturity of 270 days or less -Insurance policies and fixed annuities Exempt Transactions from SEC Registration correct answer: -Intrastate offerings (required at state level) -Regulation A offerings (<$5m within 12 mo. period) -Regulation D offerings (aka private placement) (no more than 35 unaccredited investors per year) T-Bills correct answer: Maturity: 4-52 weeks Issued at a discount and matures at par. Difference between purchase price and par is considered interest. T-Notes correct answer: Maturity: 2-10 years Pays interest semi-annually Considered Intermediate T-Bonds correct answer: Maturity: 30 years
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Husson University
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SIE (SIE)
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- June 17, 2023
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finra sie exam| 106 questions| with complete solut
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