SIE SERIES 6, SERIES 63 TEST QUESTIONS
AND ANSWERS
SIE - Securities Industry Essentials - ANSWER a FINRA exam for individuals
wishing to enter the securities industry; an entry-level exam that assesses a
candidate's knowledge of fundamental securities industry information
encompassing concepts fundamental to a career in the industry
Included in SIE - ANSWER product types and risks; the securities industry
markets and their structure; regulatory organizations and their functions;
prohibited practices
The SIE - ANSWER can be taken by anybody 18 years and older, including
students and prospective candidates who want to demonstrate basic industry
knowledge to prospective employers
Passing the SIE alone - ANSWER does not qualify someone for registration
with a FINRA member firm or to engage in securities business
SIE - an individual must pass - ANSWER it and a qualification exam for the
kind of business the individual will undertake; the individual must be associated
with a member firm to take a qualification exam
SIE Outline - ANSWER capital markets knowledge; products and their risks
knowledge; trading, customer accounts and prohibited activities knowledge;
regulatory framework overview
AND ANSWERS
SIE - Securities Industry Essentials - ANSWER a FINRA exam for individuals
wishing to enter the securities industry; an entry-level exam that assesses a
candidate's knowledge of fundamental securities industry information
encompassing concepts fundamental to a career in the industry
Included in SIE - ANSWER product types and risks; the securities industry
markets and their structure; regulatory organizations and their functions;
prohibited practices
The SIE - ANSWER can be taken by anybody 18 years and older, including
students and prospective candidates who want to demonstrate basic industry
knowledge to prospective employers
Passing the SIE alone - ANSWER does not qualify someone for registration
with a FINRA member firm or to engage in securities business
SIE - an individual must pass - ANSWER it and a qualification exam for the
kind of business the individual will undertake; the individual must be associated
with a member firm to take a qualification exam
SIE Outline - ANSWER capital markets knowledge; products and their risks
knowledge; trading, customer accounts and prohibited activities knowledge;
regulatory framework overview
