SIE FINRA EXAM QUESTIONS AND
DETAILED ANSWERS. EXPERT
VERIFIED FOR GUARANTEED PASS.
The redemption value of an open-ended investment company's shares is based on the: -
ANS Net assest value computed afdter the order is recieved
An associated person who is not a registered representative is permitted to engage in which of
the following activities? - ANS Provide account opening forms to a new customer
A decline in the gross domestic product (GDP) must last for at least how many quarters to be
considered a recession? - ANS 2 quarters
When is interest on Treasury notes paid? - ANS Semiannually
Which of the following communications with the public is considered misleading? -
ANS Literature providing 10-year performance information to support predictions of future
performance
Which of the following stakeholders has first claim priority in a chapter 11 proceeding? -
ANS Secured debt holders
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, The last transaction in xyz 5.50s 2030 was at 102. This bond is selling at: - ANS A premium
All of the following risks apply to both foreign and domestic debt instruments except: -
ANS Exchange
Under FINRA rules, which of the following activities by a registered representative require
written notification to her firm? - ANS Driving part time for a transportation network
company on weekends
Which of the following investment risks is the greatest risk in a variable life insurance policy? -
ANS Market risk
Which of the following products is adversely impacted if the issuer's credit rating is
downgraded? - ANS Exchange-traded notes (ETNs)
Which of the following forms U4 reportable events results in a statutory disqualification? -
ANS A felony conviction for a driving under the influence (DUI) charge
In the event of a stock split, which of the following parties is required to maintain a record of
the shareholders eligible to receive the additional shares? - ANS Transfer agent
A firm is a participant in a public offering. To sell a substantial amount of the securities to its
customers, the firm agrees to repurchase the shares at no less than the original sales price.
Such agreements are: - ANS Prohibited as fraudulent and manipulative
At the time of issuance, which of the following securities normally has the longest period to
expiration? - ANS Warrants
The call provision of a bond stipulates which of the following factors? - ANS Call date and call
price
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
DETAILED ANSWERS. EXPERT
VERIFIED FOR GUARANTEED PASS.
The redemption value of an open-ended investment company's shares is based on the: -
ANS Net assest value computed afdter the order is recieved
An associated person who is not a registered representative is permitted to engage in which of
the following activities? - ANS Provide account opening forms to a new customer
A decline in the gross domestic product (GDP) must last for at least how many quarters to be
considered a recession? - ANS 2 quarters
When is interest on Treasury notes paid? - ANS Semiannually
Which of the following communications with the public is considered misleading? -
ANS Literature providing 10-year performance information to support predictions of future
performance
Which of the following stakeholders has first claim priority in a chapter 11 proceeding? -
ANS Secured debt holders
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, The last transaction in xyz 5.50s 2030 was at 102. This bond is selling at: - ANS A premium
All of the following risks apply to both foreign and domestic debt instruments except: -
ANS Exchange
Under FINRA rules, which of the following activities by a registered representative require
written notification to her firm? - ANS Driving part time for a transportation network
company on weekends
Which of the following investment risks is the greatest risk in a variable life insurance policy? -
ANS Market risk
Which of the following products is adversely impacted if the issuer's credit rating is
downgraded? - ANS Exchange-traded notes (ETNs)
Which of the following forms U4 reportable events results in a statutory disqualification? -
ANS A felony conviction for a driving under the influence (DUI) charge
In the event of a stock split, which of the following parties is required to maintain a record of
the shareholders eligible to receive the additional shares? - ANS Transfer agent
A firm is a participant in a public offering. To sell a substantial amount of the securities to its
customers, the firm agrees to repurchase the shares at no less than the original sales price.
Such agreements are: - ANS Prohibited as fraudulent and manipulative
At the time of issuance, which of the following securities normally has the longest period to
expiration? - ANS Warrants
The call provision of a bond stipulates which of the following factors? - ANS Call date and call
price
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
