Exam (elaborations)
SIE EXAM WITH ACCURATE SOLUTIONS 100% CORRECT
- Course
- Institution
SIE EXAM WITH ACCURATE SOLUTIONS 100% CORRECT...
[Show more]
Content preview
2025-2026 SIE EXAM WITH ACCURATE SOLUTIONS100% CORRECT
No- Load Mutual funds may have lower expense ratios than load mutual funds for what
reason? - ANSWER No-load funds are not allowed to charge a 12b-1 fee in excess of 25
basis points
Under what circumstances would a customer's letter of intent on a mutual fund
purchase be valid but for no longer than what time period? - ANSWER 13 months
Which of the following securities typically has the longest period to expiration at the time
of issuance? - ANSWER Warrants
Which of the following securities must be registered under the Securities act of 1933? -
ANSWER American Depository receipts (ADRs)
In regards to an equity offering, the main function of the syndicate desk is to - ANSWER
build an order book and allocate the stock
what is the basis of an inherited mutual fund? - ANSWER the NAV of the shares at the
time of the owner's death
which of the following activities must a firm file when its business receives a cash
receipt of more than $10,000 from one customer in one business day? - ANSWER file a
currency transaction report (CTR)
Under Rule 144A an issuer of restricted stock is allowed to sell to which of the following
investors? - ANSWER Qualified Institutional Buyers (QIBs)
, A savings account at a bank is insured by which of the following organizations -
ANSWER FDIC
An associated person who is not a registered rep is allowed to do what- ANSWER
Provide account opening forms to a new customer
under industry regulations, what is the minimum cash deposit required for an initial
purchase of 3k of common stock in a margin account? - ANSWER 2k (2k or 100% or
purchase price, whichever is less)
of the following investment risks, which one presents the greatest risk in a variable life
insurance policy? - ANSWER market risk
A registered rep who wishes to advertise a mutual fund must obtain written approval
from which of the following? - ANSWER a registered principal of the RR's firm
If there is a stock split, who should maintain a record of those shareholders entitled to
additional shares? - ANSWER transfer agent
which of the following is a possible outcome for the writer of a covered call option? -
ANSWER limited profit and limited loss
which of the following must a broker dealers aml program do? - ANSWER designate an
aml compliance officer
at issuance, which of the following debt securities come due in one year or less? -
ANSWER money market instruments
Under federal Reg T, a 90 day restriction is placed when a customer opens and closes
which of the following positions? - ANSWER the same stock in a cash account without
paying for the stock in full
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 Easton. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now