100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
SIE Exam Practice Questions and Answers (100% Pass) $12.49
Add to cart
Quickly navigate to
Preview
  2.  
  3. SIE
  4.  
  5. SIE

Exam (elaborations)

SIE Exam Practice Questions and Answers (100% Pass)
 0 purchase
  • Course
  • SIE
  • Institution
  • SIE

SIE Exam Practice Questions and Answers (100% Pass) A broker-dealer must establish info barriers between two departments? a. Research & Compliance b. Retail & Institutional Sales c. HR & Retail Sales d. Investment Banking. & Trading - Answer️️ -d. Investment Banking. & Trading A registere...

[Show more]

Preview 4 out of 87  pages

Document information

  • August 31, 2024
  • 87
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • sie exam practice questions and answers 100 pass

Written for

  • SIE
  • SIE

Seller

avatar-seller
OliviaWest

Reviews received

Content preview

©PREP4EXAMS2024/2025 REAL EXAMS DUMP Thursday, August 8, 2024 6,44 PM



SIE Exam Practice Questions and Answers (100% Pass)

A broker-dealer must establish info barriers between two departments?

a. Research & Compliance

b. Retail & Institutional Sales

c. HR & Retail Sales

d. Investment Banking. & Trading - Answer✔️✔️-d. Investment Banking. & Trading

A registered representative persuades a customer to purchase a security by assuring
her that, should it fall in value, the representative will make up the difference in the
account. This practice is:

a. Permitted if the arrangement is in writing and preapproved by the firm

b. Permitted if the customer maintains an outside business relationship with the rep

c. Permitted if the customer is an immediate family member

d. Not permitted - Answer✔️✔️-d. Not permitted

A company has announced a tender offer for its shares at $50. The issuer wants to
purchase a minimum of 100,000 shares, up to a maximum of 1,000,000 shares. If
80,000 shares are tendered, how much will an investor receive if he has tendered
1,000 shares?

a. $0

b. $50,000

c. $40,000



1

,©PREP4EXAMS2024/2025 REAL EXAMS DUMP Thursday, August 8, 2024 6,44 PM


d. $4,000 - Answer✔️✔️-$0

An investor in a mutual fund:

a. Owns the actual securities in the portfolio

b. Owns shares which represent an interest in the portfolio

c. Is considered a creditor of the portfolio

d. Is considered a limited partner in the fund - Answer✔️✔️-b. Owns shares which
represent an interest in the portfolio

A covered call writer can be described as being:

a. Short the call, and short the stock

b. Short the call, and long the stock

c. Long the call, and short the stock

d. Long the call, and long the stock - Answer✔️✔️-b. Short the call, and long the
stock

Which of the following persons can a registered representative either make a loan
to or borrow money from without providing notification to her employer?

a. Another employee of an affiliated broker-dealer

b. An institution that's in the business of borrowing or lending funds

c. An individual with whom the RR maintains a personal relationship

d. A company with which the RR has a business relationship - Answer✔️✔️-b. An
institution that's in the business of borrowing or lending funds




2

,©PREP4EXAMS2024/2025 REAL EXAMS DUMP Thursday, August 8, 2024 6,44 PM


Government-sponsored enterprise securities are comparable to direct government
obligations with regard to all of the following statements, EXCEPT:

a. They trade in the OTC market

b. All are government guaranteed

c. Short-term securities are quoted on a discount yield

d. Long-term securities are quoted as a percentage of par - Answer✔️✔️-b. All are
government guaranteed

A 5% $1,000 par value bond sells at $900 and matures in 10 years. What is the
amount of each interest payment?

a. $25

b. $45

c. $50

d. $90 - Answer✔️✔️-a. $25

A Treasury bond is quoted 105.04 - 105.24. The purchase price that a customer
would expect to pay would be:

a. $1,051.25

b. $1,052.40

c. $1,054.00

d. $1,057.50 - Answer✔️✔️-d. $1,057.50

If a market maker has a current quote of 50.00 - 50.05 (15 x 20), this indicates that
the firm is willing to:



3

, ©PREP4EXAMS2024/2025 REAL EXAMS DUMP Thursday, August 8, 2024 6,44 PM


a. Sell 200 shares at $50.00 and buy 150 shares at $50.05

b. Buy 150 shares at $50.00 and sell 200 shares at $50.05

c. Sell 1,500 shares at $50.00 and buy 2,000 shares at $50.05

d. Buy 1,500 shares at $50.00 and sell 2,000 shares at $50.05 - Answer✔️✔️-d. Buy
1,500 shares at $50.00 and sell 2,000 shares at $50.05

An investor purchases a 20-year 5.30% bond at par value that will yield 5.75% if
called at the first call date in five years. The yield to maturity on the bond is:

a. 5.30%

b. More than 5.30%

c. Between 5.30% and 5.75%

d. 5.75% - Answer✔️✔️-a. 5.30%

A registered representative has recently passed the Series 7 Examination. If the RR
conducts business in five states, she is required to:

a. Register in three of the five states

b. Notify FINRA, but not required to register in any of the states

c. Register in the states in which she has an office

d. Register in all five states - Answer✔️✔️-d. Register in all five states

Who is responsible for creating the official statement for a municipal bond
offering?

a. The issuer




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller OliviaWest. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69252 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$12.49
  • (0)
Add to cart
Added