Finra sie exam 2 - Study guides, Class notes & Summaries

SIE Practice Exam Questions and Answers Already Passed Which type of shareholder voting method ensures that each share counts as one vote and requires that votes be distributed evenly among all candidates? Statutory voting What is the term for the market where securities listed on exchanges are traded directly over-the- counter, providing large institutional investors with direct transaction options, liquidity, and privacy? Third market If an investor sells a naked call option o...

STC SIE Exam Final Practice Questions and Answers Already Passed Which aspect of periodic payment variable annuities remains unchanged for the holder? A. The quantity of annuity units held by the client remains constant. B. The total number of accumulation units for the client remains fixed. C. Annuity agreements do not include beneficiaries. D. The monthly payment amount adjusts according to the inflation index. A. The quantity of annuity units held by the client remains constant. ...

FINRA SIE Exam Questions with Complete Solutions Exempt Securities from SEC Registration - ANSWER -securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations -Notes, bills of exchange, bankers acceptances and commercial paper with an initial maturity of 270 days or less -Insurance policies and fixed annui...

SIE Practice Exam 2 Questions and Answers Already Passed What documentation is required by the IRS if a taxpayer uses the substantially equal periodic payment (SEPP) exception to avoid early withdrawal penalties? A. Evidence of financial difficulty B. Proof that withdrawals are for qualified medical or educational expenses C. Verification of proper tax withholding D. None of these options D What term refers to an individual who provides compensation-based advice on securities, m...

FINRA SIE Exam Questions and Answers Latest Update Graded A+ What factor mainly affects the valuation of preferred stock in the market? Interest rates, as preferred stock functions like a fixed-income security with set payments. Its value is largely influenced by long-term interest rate movements. What features are associated with rights? Rights can be exercised, traded, or given as gifts. Which bonds are most likely to be called by the issuer when interest rates decrease? Prefer...

CFP Exam 2024 | 665 QUESTIONS| WITH COMPLETE SOLUTIONS GRADED A+. CFP Standards of Conduct Sections (6) Correct Answer: A. Duties owed to clients. B. Fin. Planning and Application of Practice Standards C. Practice Standards for Fin. Planning Process D. Duties owed to firms/subordinates E. Duties owed to CFP Board F. Prohibition on Circumvention Section A of CFP Standards of Conduct Correct Answer: Duties owed to Client: 1. Fiduciary Duty 2. Integrity 3. Competence 4. Diligence 5. Dis...

Which stakeholder has first claim priority in a Chapter 11 proceeding? Secured Debt Holders What is a firm required to do when receiving cash in excess of $10,000 from one customer in one business day? File a Currency Transaction Report If a registered representative drives UBER part time, what is required? They must provide written notification to the firm as mandated by FINRA. A customer has a cash balance in her account with long positions in several securities. She ha...

FINRA SIE Exam Questions and Answers Already Passed When interest rates decrease, which type of bonds are issuers likely to redeem first? Preferred bonds with high dividend rates trading above face value What actions taken by a company can impact the equity of its common shareholders? Converting preferred stock or bonds into common shares Repurchasing common stock Issuing new common shares (Note: While stock splits do not alter shareholder equity, they do require a vote because they...

SIE Comprehensive Final Exam (2024/2025) || With Questions & All Correct Solutions (Rated A+) SIE Comprehensive Final Exam (2024/2025) || With Questions & All Correct Solutions (Rated A+) What is a tender offer? - ANSWER - When a company offers to buy outstanding securities for cash or for cash plus other securities from its stockholders or bondholders What is a buy-back? - ANSWER - Sometimes referred to as a repurchase, is when a company buys its own outstanding securities in the open ma...