SIE FINRA Practice Exam With 100% Correct Answers

A married couple who earn over 300,000 currently as well as prior two years - Correct Answer-Accredited Investor Which of responses describes an advantage of index funds - Correct Answer-The protection of principal during bearish markets Under a system of statutory voting, a common stockholder has as many votes for each vacancy on the board of directors as the number of: - Correct Answer-proxies available for voting by the board Which security types provides investors with a stated maturity date, a floating interest rate, and an option to put the security back to a financial intermediary on a daily or weekly basis - Correct Answer- A member of a stock exchange responsible for providing liquidity in a security by being willing to buy and sell at all times is known as: - Correct Answer-a market maker An associated person who is not a registered representative is permitted to engage in which of the following activities - Correct Answer-Provide account opening forms to a new customer Under FINRA rules, non-cash compensation connected with the sale of variable contracts includes all of the following items except: - Correct Answer-commissions FinCEN accomplishes its mission to safeguard the financial system from the abuses of financial crime, including terrorist financing and money laundering, by enforcing: - Correct Answer-the Bank Secrecy Act