Sie unit 3 - Study guides, Class notes & Summaries

UNIT 10 SIE EXAM PREP QUESTIONS AND ANSWERS | VERIFIED AND UPDATED Which of the following is the largest self-regulating organization (SRO)? A) SEC B) CBOE C) FINRA D) MSRB - Answer️️ -C Financial Industry Regulatory Authority (FINRA) staff must submit new rules and await approval from which of the following regulatory bodies prior to becoming effective? A) Securities and Exchange Commission (SEC) B) Municipal Securities Rule Board (MSRB) C) TITLE: EMILLYCHARLOTTE 2024/202...

SIE EXAM UNIT 4 QUESTIONS AND ANSWERS | 100% PASS FINRA membership eligibility standards are determined by A) the Municipal Securities Rulemaking Board (MSRB) B) the National Adjudicatory Council (NAC) C) the Securities and Exchange Commission (SEC) D) the Uniform Securities Act (USA) - Answer️️ -B. the National Adjuicatory Council (NAC) It is the NAC that has the responsibility for determining membership eligibility standards for FINRA members. An individual applying for registrat...

SIE (MASTERY TEST) 2022/2023 WITH COMPLETE SOLUTIONS This study source was downloaded by from CourseH on :49:57 GMT -06:00 All of the following are U.S. government agency debt securities EXCEPT A) Government National Mortgage Association securities B) Farm Credit Administration securities C) Federal National Mortgage Association securities D) Treasury notes - ANSWER D) Treasury notes GNMA, Freddie & Fannie, Farm Credit Admin Numbers measuring the output of goods and services hav...

FINRA Practice SIE Exam Questions And Answers FINRA Practice SIE Exam The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received - ANS NAV computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? 30/360 30/365 Actual/360 Actual/365 -...

FINRA SIE Exam Multiple Choice Questions Correct Answers Provided FINRA SIE Exam Multiple Choice Questions Correct Answers Provided The redemption value of an open-end investment company's shares is based on the: A. previous offering price B. previous closing NAV C. NAV computed after the order is received D. offering price computed after the order is received The computation of dollar prices and accrued interest on municipal bonds is normal on what calendar basis? A. 30/360 B. 30/...

SIE Exam 2021. All Questions with accurate answers, 100% verified. What are statutory voting rights? - -Allows the shareholder to vote one time per share for each seat on the board. If the investor owns 10 shares, she can use 10 shares to vote for position #1 and 10 shares to vote for position #2. What are cumulative voting rights? - -Allows the shareholder to pool votes together and then allocate as desired. If the investor owns 10 shares and there are 2 open seats, she can use a...

FINRA SIE Exam (Answered 2022) Grade A+ If interest Rates fall the issuer will most likely call which bonds first? High Dividend Rate preferred issues trading at a premium What are some actions by a corporation will affect an individuals common shareholder's equity Conversion of convertible preferred stocks or bond Repurchase of common shares Issuance of additional common shares (Stock splits do not effect shareholders equity but it must be voted on because it effects Par Value) B...

SIE Exam Unit 18 – Issues Questions and Answers | 100% Pass All of the following would be required for a discretionary account except A) the account must receive Financial Industry Regulatory Authority (FINRA) approval prior to the first trade. B) a principal at the firm must authorize discretion. C) all trades must be promptly approved by a principal at the firm. D) the customer must authorize discretion. - Answer️️ -The account must receive Financial Industry Regulatory Authority...

SIE: Regulations (FINRA Rules) Exam Practice Questions and Answers | 100% Pass What is the U.S. Government agency that has enforcement authority over the U.S. securities markets? - Answer️️ -SEC Both FINRA and the Securities and Exchange Commission (SEC) regulate and have enforcement capability over the U.S. securities markets and market participants. However, the SEC is a government agency, while FINRA is an SRO - a self-regulatory organization under SEC oversight. The Municipal Se...

FINRA SIE Ch. 7 Practice Questions with Correct Answers Which investment company does NOT charge a management fee? - Answer️️ -A unit investment trust Shares of a closed-end fund are available on the NYSE at $21.50 per share. The customer will pay: - Answer️️ -$21.50 + a commission All of the following statements are TRUE about closed-end investment companies, EXCEPT that the: - Answer️️ -Shares may not sell below the current net asset value Which of the following stipulation...