©PREP4EXAMS2024/2025 REAL EXAMS DUMP Wednesday, August 7, 2024 9: 33 PM
SIE Exam Practice Questions and Answers (100% Pass)
The maximum annual contribution in a Roth IRA is - Answer✔️✔️-$6,000
What types of distributions from Roth IRA are tax free - Answer✔️✔️-Qualified
Are employee deferrals to the regular 401(k) pre-tax or post-tax? - Answer✔️✔️-
Pre-tax
Deferrals allocated to the Roth account are pre-tax or post-tax? - Answer✔️✔️-Post-
tax
In which type of transaction does the confirmation and settlement occur on the
trade date? - Answer✔️✔️-Cash
What name is given to a type of securities registration that allows the issuer to
make multiple offerings of equity or debt securities under the same prospectus? -
Answer✔️✔️-Shelf
A buyer is not responsible for paying a seller any accrued interest since the last
coupon payment in a bond that trades - Answer✔️✔️-Flat
Puts or calls of the same issuer share the same - Answer✔️✔️-Class
A customer that purchases closed-end fund shares may pay all of the following
EXCEPT - Answer✔️✔️-12b-1 fees
Under federal anti-money laundering regulations, a Suspicious Activity Report
(SAR) must be filed within how many days of the discovery of suspicious activity?
- Answer✔️✔️-30 calendar days
1
, ©PREP4EXAMS2024/2025 REAL EXAMS DUMP Wednesday, August 7, 2024 9: 33 PM
Marketable U.S. government instruments that have their principal amounts
adjusted to the Consumer Price Index to protect the holder against inflation are
called - Answer✔️✔️-TIPs
What does DNR stand for? - Answer✔️✔️-Do Note Reduce
A pre-packaged security that was created to meet specific investor needs that
cannot be met from standardized financial instruments available in the market
describes a(n) - Answer✔️✔️-Structured Product
When must an elderly person stop making contributions to a Traditional IRA? -
Answer✔️✔️-No limit
In margin accounts, broker-dealers charge customers a competitive rate of interest
on the amount borrowed, which is called - Answer✔️✔️-debit balance
All of the following risks are common with ADR ownership EXCEPT -
Answer✔️✔️-interest rate risk
How long is the holding period requirement for a Roth IRA, before making
withdrawls - Answer✔️✔️-5 years
In a unit investment trust, units are ______, and securities are ________ -
Answer✔️✔️-variable, fixed
Are warrants long-term or short-term compared to rights? - Answer✔️✔️-Long-term
In interest-bearing corporate bonds, accrued interest that is due the seller must be
included in settlement. According to industry rules, the accrued interest must be
calculated up to what date? (T+____) - Answer✔️✔️-T+1
ArePuerto Rico bonds are _____-tax-exempt - Answer✔️✔️-Triple
2
SIE Exam Practice Questions and Answers (100% Pass)
The maximum annual contribution in a Roth IRA is - Answer✔️✔️-$6,000
What types of distributions from Roth IRA are tax free - Answer✔️✔️-Qualified
Are employee deferrals to the regular 401(k) pre-tax or post-tax? - Answer✔️✔️-
Pre-tax
Deferrals allocated to the Roth account are pre-tax or post-tax? - Answer✔️✔️-Post-
tax
In which type of transaction does the confirmation and settlement occur on the
trade date? - Answer✔️✔️-Cash
What name is given to a type of securities registration that allows the issuer to
make multiple offerings of equity or debt securities under the same prospectus? -
Answer✔️✔️-Shelf
A buyer is not responsible for paying a seller any accrued interest since the last
coupon payment in a bond that trades - Answer✔️✔️-Flat
Puts or calls of the same issuer share the same - Answer✔️✔️-Class
A customer that purchases closed-end fund shares may pay all of the following
EXCEPT - Answer✔️✔️-12b-1 fees
Under federal anti-money laundering regulations, a Suspicious Activity Report
(SAR) must be filed within how many days of the discovery of suspicious activity?
- Answer✔️✔️-30 calendar days
1
, ©PREP4EXAMS2024/2025 REAL EXAMS DUMP Wednesday, August 7, 2024 9: 33 PM
Marketable U.S. government instruments that have their principal amounts
adjusted to the Consumer Price Index to protect the holder against inflation are
called - Answer✔️✔️-TIPs
What does DNR stand for? - Answer✔️✔️-Do Note Reduce
A pre-packaged security that was created to meet specific investor needs that
cannot be met from standardized financial instruments available in the market
describes a(n) - Answer✔️✔️-Structured Product
When must an elderly person stop making contributions to a Traditional IRA? -
Answer✔️✔️-No limit
In margin accounts, broker-dealers charge customers a competitive rate of interest
on the amount borrowed, which is called - Answer✔️✔️-debit balance
All of the following risks are common with ADR ownership EXCEPT -
Answer✔️✔️-interest rate risk
How long is the holding period requirement for a Roth IRA, before making
withdrawls - Answer✔️✔️-5 years
In a unit investment trust, units are ______, and securities are ________ -
Answer✔️✔️-variable, fixed
Are warrants long-term or short-term compared to rights? - Answer✔️✔️-Long-term
In interest-bearing corporate bonds, accrued interest that is due the seller must be
included in settlement. According to industry rules, the accrued interest must be
calculated up to what date? (T+____) - Answer✔️✔️-T+1
ArePuerto Rico bonds are _____-tax-exempt - Answer✔️✔️-Triple
2
