SIE Exam: Securities Industry Essentials Exam Lessons and Information

SIE Exam: Securities Industry Essentials Exam Lessons and Information

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SIE Exam: Securities Industry Essentials Exam Lessons and Information episodes

  • SIE Exam Lesson 4 Free Quiz: Special Securities

    This is a SIE Exam Lesson 4 Free Quiz which is covering Special Securities. Try it and see how you do if you need help listen to the lesson over.

    SIE Exam Lesson 4 Free Quiz

    This is a SIE Exam Lesson 4 Free Quiz which is covering Preferred Stocks. Try it and see how you do if you need help listen to the lesson over.

    Questions covered include

    1. These are rights to purchase stock at specific prices that are long-term in nature.

    A. purchasing rights
    B. preemptive rights
    C. option rights
    D. warrants

    2. To which of the following can warrants be attached to?

    A. sale of a common stock
    B. sale of a preferred stock
    C. sale of a bond
    D. all of the above

    3. Warrants can be traded but they should be traded along with the stock or bond that comes with them.

    A. True
    B. False

    4. The value of the warrant is based on the ___ that it is tied to.

    A. stock
    B. dividend of the stock
    C. interest rate of the stock
    D. par value of the stock

    5. Warrants allow trading foreign stocks on the US markets.

    A. True
    B. False

    6. Rights to buy a new stock come about as a result of ___.

    A. preemptive rights
    B. purchasing rights
    C. voting rights
    D. warrants

    7. How are warrants and rights similar?

    A. Both warrants and rights are traded separately from the stock that they are attached to.
    B. They both serve as enticement to buy stocks.
    C. They are both special securities.
    D. all of the above

    8. How are warrants and rights different?

    A. Warrants are short term in nature while rights are long term in nature.
    B. Warrants are long term in nature while rights are short term in nature.
    C. Warrants are attached to stocks while rights are not attached to stocks.
    D. Rights are attached to stocks while warrants are not attached to stocks.

    9. The warrant can be exercised immediately after the issuance of the bond or stock that is attached to it.

    A. True
    B. False

    SIE Exam Lesson 4 Free Quiz: Special Securities: Continued

    10. All warrants have expiration dates.

    A. True
    B. False

    11. Why would companies issue warrants?

    A. It would lower their tax.
    B. It would increase the stock price at the secondary market.
    C. It would increase their ability to issue a secondary offering of stocks at a slightly higher price.
    D. all of the above

    12. In order for a warrant to have an intrinsic value, ___.

    A. The warrant must have a price equal to the price of the stock it is attached to.
    B. The warrant must have a price higher than the price of the stock it is attached to.
    C. The warrant must have a price lower than the price of the stock it is attached to.
    D. The warrant must have a constant price regardless of the price of the stock it is attached to.

    13. This is a negotiable security that represents securities of a non-U.S. company that trades in the U.S. financial markets.

    A. bond
    B. right
    C. ADR
    D. warrant

    14. What does ADR stand for?

    A. American Dividend Receipts
    B. American Differential Receipts
    C. American Development Receipts
    D. American Depository Receipts

    15. The dividends of the ADR are paid ___.

    A. in US currency only
    B. only in the currency of the country of the investor who bought the ADR
    C. in either US currency or the investor’s country currency, whichever has the lower dividend after currency conversion
    D. in any currency that the bank offers where the dividend is claimed

    16. Non-sponsored ADRs are assembled by banks and brokers without the participation of the issuer of the stock.

    A. True
    B. False

    17. How does the sponsored ADRs and non-sponsored ADRs differ?

    A. Issuers of sponsored ADRs does not work with the bank or the broker in creating ADRs while issuers of non-sponsored ADRs work with the bank or the broker in creating ADRs.
    B. Issuers of sponsored ADRs must provide annual and quarterly reports in English to the holders of the ADR while this is not required for the issuers of non-sponsored ADRs.
    C. Holders of sponsored ADRs have voting and preemptive rights while holders of non-sponsored ADRs do not have voting and preemptive rights.
    D. all of the above

    18. What are the risks in ADRs?

    A. currency risk
    B. market risk
    C. stock ownership risk
    D. all of the above

    19. How are foreign taxes handled in ADRs?

    A. Foreign taxes reduce depending on the total value of warrant attached to the ADR.
    B. Foreign taxes increase depending on the total value of warrant attached to the ADR.
    C. The tax withheld can be reclaimed by the ADR holders as a credit when paying their US taxes.
    D. The tax withheld can be reclaimed by the ADR holders as a debit when paying their US taxes.

    20. What is the advantage of using ADRs?

    A. Non-American companies using ADRs have liquidity in the US stock market.
    B. Non-American companies using ADRs are not registered in the United States and therefore exempted from the reporting rules by the Securities and Exchange Commission.
    C. Using ADRs instead of common stocks reduces time and cost.
    D. all of the above

    We hope you did well on this SIE Exam Lesson 4 Free Quiz

     

    Total Course 37 hours 10 Min

    37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

    59 Audio Lessons for Securities Industry Essentials Exam

    13 Bonus Lessons about the finance industry

    Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

    The full course details:
    37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

    59 Audio Lessons for Securities Industry Essentials Exam

    13 Bonus Lessons about the finance industry

    Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

    New Series 7 Exam and SIE Exam details.

    All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

    https://www.finra.org/industry/essentials-exam

    • “Securities Industry Essentials (SIE) Exam
      • Available Beginning October 1, 2018
      The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
      Key Features of the Essentials Exam
      ________________________________________
      • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
      • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
      • Essentials exam results are valid for four years.
      The Essentials Exam at a Glance
      ________________________________________
      Number of Items 75
      Format Multiple Choice
      Duration 105 minutes
      Passing Score 70%
      Cost $60”
      New Series 7 Exam

      The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

      Major Job Functions Percentage of Test Questions Number of Test Questions
      (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
      (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
      (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
      (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
      TOTAL 100% 125”

      The five job functions of the new Series 7 General Securities Representative Exam will be:

      “Seeks business for the broker-dealer through customers and potential customers”

      “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

      “Opens accounts, transfers assets and maintains appropriate account records”

      “Provides customers with information on investments and makes suitable recommendations”

      “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

      These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

      https://www.finra.org/industry/series7

      Here is a link to the table of Contents

       

      Here is what my customers say about my audio lessons
      Testimonials

      —————————

       

      New Series 7 Exam and SIE Exam details.

      FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

      https://www.finra.org/industry/series7

      However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

      https://www.finra.org/industry/essentials-exam

      “Securities Industry Essentials (SIE) Exam

      Available Beginning October 1, 2018
      The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
      Key Features of the Essentials Exam
      ________________________________________
      • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
      • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
      • Essentials exam results are valid for four years.
      The Essentials Exam at a Glance
      ________________________________________
      Number of Items 75
      Format Multiple Choice
      Duration 105 minutes
      Passing Score 70%
      Cost $60”

      Outline of SIE Exam:
      https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


      https://www.finra.org/industry/series7

      https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

      Here is what my customers say about my audio lessons
      Testimonials
      Loading…
      14 min
    • SIE Exam Lesson 3 Free Quiz: Preferred Stock

      This is a SIE Exam Lesson 2 Free Quiz which is covering Common Stocks. Try it and see how you do if you need help listen to the lesson over.

      SIE Exam Lesson 3 Free Quiz

      This is a SIE Exam Lesson 3 Free Quiz which is covering Preferred Stocks. Try it and see how you do if you need help listen to the lesson over.

      Questions covered include

      1. In which of the following sections of the balance sheet is the common stock placed?
      A. asset
      B. equity
      C. liability
      D. revenue

      2. A common stockholder owns a portion of the company.

      A. True
      B. False

      3. Which of the following can issue common stock?

      A. corporations
      B. investment companies
      C. both corporations and investment companies
      D. neither corporations nor investment companies

      4. A no par stock means ___.

      A. the stock does not have voting rights
      B. the stock does not receive dividends
      C. the stock has a negligible or very low par value
      D. the stock has no intrinsic value

      5. Why do stocks have low par value?

      A. A low par value allows more people to buy stocks and therefore increasing the company’s equity.
      B. Lowering the par value also lowers the tax of the corporation.
      C. The low par value ensures that the corporation issues only a sustainable amount of stock.
      D. The New York Stock Exchange rules does not allow high par value.

      6. These are shares that have been sold and then bought back by the company.

      A. authorized shares
      B. issued shares
      C. outstanding shares
      D. treasury shares

      7. Which of the following is not included when computing for a company’s earnings per share?

      A. authorized shares
      B. issued shares
      C. outstanding shares
      D. treasury shares

      8. The ___ handles the transfer of stock from an old stockholder to a new one.

      A. bookkeeper
      B. registrar
      C. rights agent
      D. transfer agent

      9. Which of the following is true about the rights of a stockholder?

      (Select all that apply.)
      A. A stockholder has the right to vote at the company’s annual meeting.
      B. The amount of votes that a stockholder has is determined by the number of shares he owns.
      C. The stockholder has the right to buy shares of stock before they are offered to somebody else at the issue price.
      D. The stockholder’s liability is limited to the value of his stocks.

      SIE Exam Lesson 3 Free Quiz: Continued

      10. According to the New York Stock Exchange rules, which of the following does NOT require a stockholder vote?

      A. clearance of a stock split
      B. declaration of a reverse stock split
      C. issuance of convertible bonds
      D. purchase of treasury stock

      11. Under the New York Stock Exchange rules, a stock dividend can be made by the decision of the Board of Directors as long as the stock dividend is less than ___.

      A. 10%
      B. 15%
      C. 20%
      D. 25%

      12. Only those stockholders present at the annual meeting can vote.

      A. True
      B. False

      13. A stockholder can change his vote on his proxy statement if he attends the annual meeting.

      A. True
      B. False

      14. Which of the following does NOT allow different classes of common stock?

      A. American Stock Exchange
      B. NASDAQ
      C. New York Stock Exchange
      D. All stock exchanges allow for different classes of common stock.

      15. According to the Securities Act of ___, a common stockholder has the right to inspect the record book of stockholders.

      A. 1933
      B. 1934
      C. 1943
      D. 1944

      16. Which of the following are negotiable securities according to the New York Stock Exchange rules?

      A. certificates of deposit
      B. mutual funds
      C. savings bond
      D. transfer of ownership

      17. A stockholder is not allowed to sell his right to buy a stock.

      A. True
      B. False

      18. In the event of a corporate dissolution or bankruptcy, a common stockholder has the right to the corporate assets.

      A. True
      B. False

      19. The normal settlement states that you need to own the stock and be an owner of record at least ___ business days before the record date in order to be a stockholder of record.

      A. one
      B. two
      C. three
      D. four

      20. This is the right of a shareholder to maintain his proportionate ownership in a corporation.

      A. cum right
      B. ex-right
      C. preemptive right
      D. rights offering

      We hope you did well on this SIE Exam Lesson 3 Free Quiz

       

      Total Course 37 hours 10 Min

      37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

      59 Audio Lessons for Securities Industry Essentials Exam

      13 Bonus Lessons about the finance industry

      Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

      https://youtu.be/BprdV0LFyk8

      The full course details:
      37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

      59 Audio Lessons for Securities Industry Essentials Exam

      13 Bonus Lessons about the finance industry

      Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

      New Series 7 Exam and SIE Exam details.

      All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

      https://www.finra.org/industry/essentials-exam

      • “Securities Industry Essentials (SIE) Exam
        • Available Beginning October 1, 2018
        The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
        Key Features of the Essentials Exam
        ________________________________________
        • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
        • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
        • Essentials exam results are valid for four years.
        The Essentials Exam at a Glance
        ________________________________________
        Number of Items 75
        Format Multiple Choice
        Duration 105 minutes
        Passing Score 70%
        Cost $60”
        New Series 7 Exam

        The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

        Major Job Functions Percentage of Test Questions Number of Test Questions
        (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
        (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
        (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
        (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
        TOTAL 100% 125”

        The five job functions of the new Series 7 General Securities Representative Exam will be:

        “Seeks business for the broker-dealer through customers and potential customers”

        “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

        “Opens accounts, transfers assets and maintains appropriate account records”

        “Provides customers with information on investments and makes suitable recommendations”

        “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

        These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

        https://www.finra.org/industry/series7

        Here is a link to the table of Contents

         

        Here is what my customers say about my audio lessons
        Testimonials

        —————————

         

        New Series 7 Exam and SIE Exam details.

        FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

        https://www.finra.org/industry/series7

        However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

        https://www.finra.org/industry/essentials-exam

        “Securities Industry Essentials (SIE) Exam

        Available Beginning October 1, 2018
        The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
        Key Features of the Essentials Exam
        ________________________________________
        • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
        • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
        • Essentials exam results are valid for four years.
        The Essentials Exam at a Glance
        ________________________________________
        Number of Items 75
        Format Multiple Choice
        Duration 105 minutes
        Passing Score 70%
        Cost $60”

        Outline of SIE Exam:
        https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


        https://www.finra.org/industry/series7

        https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

        Here is what my customers say about my audio lessons
        Testimonials
        Loading…
        17 min
      • SIE Exam Lesson 2 Free Quiz: Common Stock

        This is a SIE Exam Lesson 1 Free Quiz which is covering Common Stocks. Try it and see how you do if you need help listen to the lesson over.

        SIE Exam Lesson 2 Free Quiz

        This is a SIE Exam Lesson 1 Free Quiz which is covering Common Stocks. Try it and see how you do if you need help listen to the lesson over.

        Questions covered include

        1. In which of the following sections of the balance sheet is the common stock placed?
        A. asset
        B. equity
        C. liability
        D. revenue

        2. A common stockholder owns a portion of the company.

        A. True
        B. False

        3. Which of the following can issue common stock?

        A. corporations
        B. investment companies
        C. both corporations and investment companies
        D. neither corporations nor investment companies

        4. A no par stock means ___.

        A. the stock does not have voting rights
        B. the stock does not receive dividends
        C. the stock has a negligible or very low par value
        D. the stock has no intrinsic value

        5. Why do stocks have low par value?

        A. A low par value allows more people to buy stocks and therefore increasing the company’s equity.
        B. Lowering the par value also lowers the tax of the corporation.
        C. The low par value ensures that the corporation issues only a sustainable amount of stock.
        D. The New York Stock Exchange rules does not allow high par value.

        6. These are shares that have been sold and then bought back by the company.

        A. authorized shares
        B. issued shares
        C. outstanding shares
        D. treasury shares

        7. Which of the following is not included when computing for a company’s earnings per share?

        A. authorized shares
        B. issued shares
        C. outstanding shares
        D. treasury shares

        8. The ___ handles the transfer of stock from an old stockholder to a new one.

        A. bookkeeper
        B. registrar
        C. rights agent
        D. transfer agent

        9. Which of the following is true about the rights of a stockholder?

        (Select all that apply.)
        A. A stockholder has the right to vote at the company’s annual meeting.
        B. The amount of votes that a stockholder has is determined by the number of shares he owns.
        C. The stockholder has the right to buy shares of stock before they are offered to somebody else at the issue price.
        D. The stockholder’s liability is limited to the value of his stocks.

        SIE Exam Lesson 2 Free Quiz Continued:

        10. According to the New York Stock Exchange rules, which of the following does NOT require a stockholder vote?

        A. clearance of a stock split
        B. declaration of a reverse stock split
        C. issuance of convertible bonds
        D. purchase of treasury stock

        11. Under the New York Stock Exchange rules, a stock dividend can be made by the decision of the Board of Directors as long as the stock dividend is less than ___.

        A. 10%
        B. 15%
        C. 20%
        D. 25%

        12. Only those stockholders present at the annual meeting can vote.

        A. True
        B. False

        13. A stockholder can change his vote on his proxy statement if he attends the annual meeting.

        A. True
        B. False

        14. Which of the following does NOT allow different classes of common stock?

        A. American Stock Exchange
        B. NASDAQ
        C. New York Stock Exchange
        D. All stock exchanges allow for different classes of common stock.

        15. According to the Securities Act of ___, a common stockholder has the right to inspect the record book of stockholders.

        A. 1933
        B. 1934
        C. 1943
        D. 1944

        16. Which of the following are negotiable securities according to the New York Stock Exchange rules?

        A. certificates of deposit
        B. mutual funds
        C. savings bond
        D. transfer of ownership

        17. A stockholder is not allowed to sell his right to buy a stock.

        A. True
        B. False

        18. In the event of a corporate dissolution or bankruptcy, a common stockholder has the right to the corporate assets.

        A. True
        B. False

        19. The normal settlement states that you need to own the stock and be an owner of record at least ___ business days before the record date in order to be a stockholder of record.

        A. one
        B. two
        C. three
        D. four

        20. This is the right of a shareholder to maintain his proportionate ownership in a corporation.

        A. cum right
        B. ex-right
        C. preemptive right
        D. rights offering

        We hope you did well on this SIE Exam Lesson 2 Free Quiz

         

        Total Course 37 hours 10 Min

        37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

        59 Audio Lessons for Securities Industry Essentials Exam

        13 Bonus Lessons about the finance industry

        Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

        https://youtu.be/zAc26zGIeZg

        The full course details:
        37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

        59 Audio Lessons for Securities Industry Essentials Exam

        13 Bonus Lessons about the finance industry

        Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

        New Series 7 Exam and SIE Exam details.

        All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

        https://www.finra.org/industry/essentials-exam

        • “Securities Industry Essentials (SIE) Exam
          • Available Beginning October 1, 2018
          The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
          Key Features of the Essentials Exam
          ________________________________________
          • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
          • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
          • Essentials exam results are valid for four years.
          The Essentials Exam at a Glance
          ________________________________________
          Number of Items 75
          Format Multiple Choice
          Duration 105 minutes
          Passing Score 70%
          Cost $60”
          New Series 7 Exam

          The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

          Major Job Functions Percentage of Test Questions Number of Test Questions
          (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
          (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
          (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
          (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
          TOTAL 100% 125”

          The five job functions of the new Series 7 General Securities Representative Exam will be:

          “Seeks business for the broker-dealer through customers and potential customers”

          “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

          “Opens accounts, transfers assets and maintains appropriate account records”

          “Provides customers with information on investments and makes suitable recommendations”

          “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

          These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

          https://www.finra.org/industry/series7

          Here is a link to the table of Contents

           

          Here is what my customers say about my audio lessons
          Testimonials

          —————————

           

          New Series 7 Exam and SIE Exam details.

          FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

          https://www.finra.org/industry/series7

          However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

          https://www.finra.org/industry/essentials-exam

          “Securities Industry Essentials (SIE) Exam

          Available Beginning October 1, 2018
          The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
          Key Features of the Essentials Exam
          ________________________________________
          • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
          • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
          • Essentials exam results are valid for four years.
          The Essentials Exam at a Glance
          ________________________________________
          Number of Items 75
          Format Multiple Choice
          Duration 105 minutes
          Passing Score 70%
          Cost $60”

          Outline of SIE Exam:
          https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


          https://www.finra.org/industry/series7

          https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

          Here is what my customers say about my audio lessons
          Testimonials
          Loading…
          18 min
        • 2021 SIE Exam Lesson 59
          SIE Exam Lesson 59 SECURE Act and Accredited investors

          This is SIE Exam Lesson 59 Audio Lessons for the SIE Exam the SECURE Act and Accredited investors you will need to have an understanding of to be able to pass both the SIE exam and the series 7 exam. This SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 47 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) of the full lesson that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

          Total Course 37 hours 10 Min

          37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

          59 Audio Lessons for Securities Industry Essentials Exam

          13 Bonus Lessons about the finance industry

          Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

          The full course details:
          37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

          59 Audio Lessons for Securities Industry Essentials Exam

          13 Bonus Lessons about the finance industry

          Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

          New Series 7 Exam and SIE Exam details.

          All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

          https://www.finra.org/industry/essentials-exam

          • “Securities Industry Essentials (SIE) Exam
            • Available Beginning October 1, 2018
            The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
            Key Features of the Essentials Exam
            ________________________________________
            • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
            • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
            • Essentials exam results are valid for four years.
            The Essentials Exam at a Glance
            ________________________________________
            Number of Items 75
            Format Multiple Choice
            Duration 105 minutes
            Passing Score 70%
            Cost $60”
            New Series 7 Exam

            The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

            Major Job Functions Percentage of Test Questions Number of Test Questions
            (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
            (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
            (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
            (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
            TOTAL 100% 125”

            The five job functions of the new Series 7 General Securities Representative Exam will be:

            “Seeks business for the broker-dealer through customers and potential customers”

            “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

            “Opens accounts, transfers assets and maintains appropriate account records”

            “Provides customers with information on investments and makes suitable recommendations”

            “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

            These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

            https://www.finra.org/industry/series7

            Here is a link to the table of Contents

             

            Here is what my customers say about my audio lessons
            Testimonials

            —————————

             

            New Series 7 Exam and SIE Exam details.

            FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

            https://www.finra.org/industry/series7

            However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

            https://www.finra.org/industry/essentials-exam

            “Securities Industry Essentials (SIE) Exam

            Available Beginning October 1, 2018
            The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
            Key Features of the Essentials Exam
            ________________________________________
            • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
            • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
            • Essentials exam results are valid for four years.
            The Essentials Exam at a Glance
            ________________________________________
            Number of Items 75
            Format Multiple Choice
            Duration 105 minutes
            Passing Score 70%
            Cost $60”

            Outline of SIE Exam:
            https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


            https://www.finra.org/industry/series7

            https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

            Here is what my customers say about my audio lessons
            Testimonials
            Loading…
            21 min
          • 2021 SIE Exam Lesson 47
            SIE Exam Lesson 47 Margins pt 1

            This is SIE Exam Lesson 47 which is the first lesson on Margins you will need to have an understanding of margins to be able to pass both the SIE exam and the series 7 exam. It involves a lot of memorization and can be difficult to absorb. Fortunately after you pass the exams you really don’t need to pay much attention to them because you will have a department in your firm which will watch your customers’ margins very closely and will notify you when you’re customers are in violation of margin rules. This SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 47 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) of the full lesson that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

            Total Course 37 hours 10 Min

            37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

            59 Audio Lessons for Securities Industry Essentials Exam

            13 Bonus Lessons about the finance industry

            Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

            The full course details:
            37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

            59 Audio Lessons for Securities Industry Essentials Exam

            13 Bonus Lessons about the finance industry

            Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

            New Series 7 Exam and SIE Exam details.

            All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

            https://www.finra.org/industry/essentials-exam

            • “Securities Industry Essentials (SIE) Exam
              • Available Beginning October 1, 2018
              The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
              Key Features of the Essentials Exam
              ________________________________________
              • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
              • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
              • Essentials exam results are valid for four years.
              The Essentials Exam at a Glance
              ________________________________________
              Number of Items 75
              Format Multiple Choice
              Duration 105 minutes
              Passing Score 70%
              Cost $60”
              New Series 7 Exam

              The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

              Major Job Functions Percentage of Test Questions Number of Test Questions
              (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
              (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
              (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
              (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
              TOTAL 100% 125”

              The five job functions of the new Series 7 General Securities Representative Exam will be:

              “Seeks business for the broker-dealer through customers and potential customers”

              “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

              “Opens accounts, transfers assets and maintains appropriate account records”

              “Provides customers with information on investments and makes suitable recommendations”

              “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

              These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

              https://www.finra.org/industry/series7

              Here is a link to the table of Contents

               

              Here is what my customers say about my audio lessons
              Testimonials

              —————————

               

              New Series 7 Exam and SIE Exam details.

              FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

              https://www.finra.org/industry/series7

              However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

              https://www.finra.org/industry/essentials-exam

              “Securities Industry Essentials (SIE) Exam

              Available Beginning October 1, 2018
              The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
              Key Features of the Essentials Exam
              ________________________________________
              • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
              • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
              • Essentials exam results are valid for four years.
              The Essentials Exam at a Glance
              ________________________________________
              Number of Items 75
              Format Multiple Choice
              Duration 105 minutes
              Passing Score 70%
              Cost $60”

              Outline of SIE Exam:
              https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


              https://www.finra.org/industry/series7

              https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

              Here is what my customers say about my audio lessons
              Testimonials
              Loading…
              28 min
            • 2021 SIE Exam Lesson 46
              SIE Exam Lesson 46 Macro and Portfolio Analysis

              This is SIE Exam Lesson 46 which is going to be covering Macro Analysis and Portfolio analysis in this lesson we continue talking about “Global” or “Macro” approach to investment analysis and add portfolio analysis. We’re going to cover analysis in great detail first starting with balance sheets and going on to income statements then to cash flow and then other analysis techniquesThis SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 46 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) of the full lesson that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

              Total Course 37 hours 10 Min

              37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

              59 Audio Lessons for Securities Industry Essentials Exam

              13 Bonus Lessons about the finance industry

              Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

              The full course details:
              37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

              59 Audio Lessons for Securities Industry Essentials Exam

              13 Bonus Lessons about the finance industry

              Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

              New Series 7 Exam and SIE Exam details.

              All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

              https://www.finra.org/industry/essentials-exam

              • “Securities Industry Essentials (SIE) Exam
                • Available Beginning October 1, 2018
                The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                Key Features of the Essentials Exam
                ________________________________________
                • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                • Essentials exam results are valid for four years.
                The Essentials Exam at a Glance
                ________________________________________
                Number of Items 75
                Format Multiple Choice
                Duration 105 minutes
                Passing Score 70%
                Cost $60”
                New Series 7 Exam

                The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

                Major Job Functions Percentage of Test Questions Number of Test Questions
                (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
                (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
                (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
                (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
                TOTAL 100% 125”

                The five job functions of the new Series 7 General Securities Representative Exam will be:

                “Seeks business for the broker-dealer through customers and potential customers”

                “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

                “Opens accounts, transfers assets and maintains appropriate account records”

                “Provides customers with information on investments and makes suitable recommendations”

                “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

                These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

                https://www.finra.org/industry/series7

                Here is a link to the table of Contents

                 

                Here is what my customers say about my audio lessons
                Testimonials

                —————————

                 

                New Series 7 Exam and SIE Exam details.

                FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

                https://www.finra.org/industry/series7

                However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

                https://www.finra.org/industry/essentials-exam

                “Securities Industry Essentials (SIE) Exam

                Available Beginning October 1, 2018
                The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                Key Features of the Essentials Exam
                ________________________________________
                • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                • Essentials exam results are valid for four years.
                The Essentials Exam at a Glance
                ________________________________________
                Number of Items 75
                Format Multiple Choice
                Duration 105 minutes
                Passing Score 70%
                Cost $60”

                Outline of SIE Exam:
                https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


                https://www.finra.org/industry/series7

                https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

                Here is what my customers say about my audio lessons
                Testimonials
                Loading…
                28 min
              • 2021 SIE Exam Lesson 45
                SIE Exam Lesson 39 Analysis Income Statement pt 3

                This is SIE Exam Lesson 45 which is going to be covering Macro Analysis in this lesson we start talking about “Global” or “Macro” approach to investment analysis. We’re going to cover analysis in great detail first starting with balance sheets and going on to income statements then to cash flow and then other analysis techniquesThis SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 45 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

                Total Course 37 hours 10 Min

                37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                59 Audio Lessons for Securities Industry Essentials Exam

                13 Bonus Lessons about the finance industry

                Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                The full course details:
                37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                59 Audio Lessons for Securities Industry Essentials Exam

                13 Bonus Lessons about the finance industry

                Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                New Series 7 Exam and SIE Exam details.

                All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

                https://www.finra.org/industry/essentials-exam

                • “Securities Industry Essentials (SIE) Exam
                  • Available Beginning October 1, 2018
                  The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                  Key Features of the Essentials Exam
                  ________________________________________
                  • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                  • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                  • Essentials exam results are valid for four years.
                  The Essentials Exam at a Glance
                  ________________________________________
                  Number of Items 75
                  Format Multiple Choice
                  Duration 105 minutes
                  Passing Score 70%
                  Cost $60”
                  New Series 7 Exam

                  The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

                  Major Job Functions Percentage of Test Questions Number of Test Questions
                  (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
                  (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
                  (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
                  (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
                  TOTAL 100% 125”

                  The five job functions of the new Series 7 General Securities Representative Exam will be:

                  “Seeks business for the broker-dealer through customers and potential customers”

                  “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

                  “Opens accounts, transfers assets and maintains appropriate account records”

                  “Provides customers with information on investments and makes suitable recommendations”

                  “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

                  These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

                  https://www.finra.org/industry/series7

                  Here is a link to the table of Contents

                   

                  Here is what my customers say about my audio lessons
                  Testimonials

                  —————————

                   

                  New Series 7 Exam and SIE Exam details.

                  FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

                  https://www.finra.org/industry/series7

                  However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

                  https://www.finra.org/industry/essentials-exam

                  “Securities Industry Essentials (SIE) Exam

                  Available Beginning October 1, 2018
                  The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                  Key Features of the Essentials Exam
                  ________________________________________
                  • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                  • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                  • Essentials exam results are valid for four years.
                  The Essentials Exam at a Glance
                  ________________________________________
                  Number of Items 75
                  Format Multiple Choice
                  Duration 105 minutes
                  Passing Score 70%
                  Cost $60”

                  Outline of SIE Exam:
                  https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


                  https://www.finra.org/industry/series7

                  https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

                  Here is what my customers say about my audio lessons
                  Testimonials
                  Loading…
                  28 min
                • 2021 SIE Exam Lesson 39
                  SIE Exam Lesson 39 Analysis Income Statement pt 3

                  This is SIE Exam Lesson 39 which is going to be covering the third lesson on income statements in this lesson we continue our discussion of the fundamental approach to investment analysis. We’re going to cover this subject in great detail first starting with balance sheets and going on to income statements and then finally the cash flow statement. This SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 39 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

                  Total Course 37 hours 10 Min

                  37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                  59 Audio Lessons for Securities Industry Essentials Exam

                  13 Bonus Lessons about the finance industry

                  Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                  The full course details:
                  37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                  59 Audio Lessons for Securities Industry Essentials Exam

                  13 Bonus Lessons about the finance industry

                  Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                  New Series 7 Exam and SIE Exam details.

                  All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

                  https://www.finra.org/industry/essentials-exam

                  • “Securities Industry Essentials (SIE) Exam
                    • Available Beginning October 1, 2018
                    The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                    Key Features of the Essentials Exam
                    ________________________________________
                    • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                    • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                    • Essentials exam results are valid for four years.
                    The Essentials Exam at a Glance
                    ________________________________________
                    Number of Items 75
                    Format Multiple Choice
                    Duration 105 minutes
                    Passing Score 70%
                    Cost $60”
                    New Series 7 Exam

                    The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

                    Major Job Functions Percentage of Test Questions Number of Test Questions
                    (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
                    (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
                    (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
                    (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
                    TOTAL 100% 125”

                    The five job functions of the new Series 7 General Securities Representative Exam will be:

                    “Seeks business for the broker-dealer through customers and potential customers”

                    “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

                    “Opens accounts, transfers assets and maintains appropriate account records”

                    “Provides customers with information on investments and makes suitable recommendations”

                    “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

                    These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

                    https://www.finra.org/industry/series7

                    Here is a link to the table of Contents

                     

                    Here is what my customers say about my audio lessons
                    Testimonials

                    —————————

                     

                    New Series 7 Exam and SIE Exam details.

                    FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

                    https://www.finra.org/industry/series7

                    However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

                    https://www.finra.org/industry/essentials-exam

                    “Securities Industry Essentials (SIE) Exam

                    Available Beginning October 1, 2018
                    The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                    Key Features of the Essentials Exam
                    ________________________________________
                    • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                    • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                    • Essentials exam results are valid for four years.
                    The Essentials Exam at a Glance
                    ________________________________________
                    Number of Items 75
                    Format Multiple Choice
                    Duration 105 minutes
                    Passing Score 70%
                    Cost $60”

                    Outline of SIE Exam:
                    https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


                    https://www.finra.org/industry/series7

                    https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

                    Here is what my customers say about my audio lessons
                    Testimonials
                    Loading…
                    28 min
                  • 2021 SIE Exam Lesson 38
                    SIE Exam Lesson 38 Analysis Income Statement pt 2

                    This is SIE Exam Lesson 38 which is going to be covering the second lesson on income statements in this lesson we continue our discussion of the fundamental approach to investment analysis. We’re going to cover this subject in great detail first starting with balance sheets and going on to income statements and then finally the cash flow statement. This SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 38 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

                    Total Course 37 hours 10 Min

                    37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                    59 Audio Lessons for Securities Industry Essentials Exam

                    13 Bonus Lessons about the finance industry

                    Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                    The full course details:
                    37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                    59 Audio Lessons for Securities Industry Essentials Exam

                    13 Bonus Lessons about the finance industry

                    Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                    New Series 7 Exam and SIE Exam details.

                    All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

                    https://www.finra.org/industry/essentials-exam

                    • “Securities Industry Essentials (SIE) Exam
                      • Available Beginning October 1, 2018
                      The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                      Key Features of the Essentials Exam
                      ________________________________________
                      • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                      • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                      • Essentials exam results are valid for four years.
                      The Essentials Exam at a Glance
                      ________________________________________
                      Number of Items 75
                      Format Multiple Choice
                      Duration 105 minutes
                      Passing Score 70%
                      Cost $60”
                      New Series 7 Exam

                      The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

                      Major Job Functions Percentage of Test Questions Number of Test Questions
                      (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
                      (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
                      (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
                      (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
                      TOTAL 100% 125”

                      The five job functions of the new Series 7 General Securities Representative Exam will be:

                      “Seeks business for the broker-dealer through customers and potential customers”

                      “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

                      “Opens accounts, transfers assets and maintains appropriate account records”

                      “Provides customers with information on investments and makes suitable recommendations”

                      “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

                      These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

                      https://www.finra.org/industry/series7

                      Here is a link to the table of Contents

                       

                      Here is what my customers say about my audio lessons
                      Testimonials

                      —————————

                       

                      New Series 7 Exam and SIE Exam details.

                      FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

                      https://www.finra.org/industry/series7

                      However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

                      https://www.finra.org/industry/essentials-exam

                      “Securities Industry Essentials (SIE) Exam

                      Available Beginning October 1, 2018
                      The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                      Key Features of the Essentials Exam
                      ________________________________________
                      • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                      • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                      • Essentials exam results are valid for four years.
                      The Essentials Exam at a Glance
                      ________________________________________
                      Number of Items 75
                      Format Multiple Choice
                      Duration 105 minutes
                      Passing Score 70%
                      Cost $60”

                      Outline of SIE Exam:
                      https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


                      https://www.finra.org/industry/series7

                      https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

                      Here is what my customers say about my audio lessons
                      Testimonials
                      Loading…
                      28 min
                    • 2021 SIE Exam Lesson 37
                      SIE Exam Lesson 37 Analysis Income Statement pt 1

                      This is SIE Exam Lesson 37 which is going to be covering the first lesson on income statements in this lesson we continue our discussion of the fundamental approach to investment analysis. We’re going to cover this subject in great detail first starting with balance sheets and going on to income statements and then finally the cash flow statement. This SIE Exam Securities Industry Essentials SIE Exam Sample Lesson 36 is another portion (about 1/4 to 1/2 of the full lesson of the full lesson) that we will share with you for the full new 37 hour and 10 min audio course “Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam 2nd Edition”

                      Total Course 37 hours 10 Min

                      37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                      59 Audio Lessons for Securities Industry Essentials Exam

                      13 Bonus Lessons about the finance industry

                      Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                      The full course details:
                      37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam

                      59 Audio Lessons for Securities Industry Essentials Exam

                      13 Bonus Lessons about the finance industry

                      Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

                      New Series 7 Exam and SIE Exam details.

                      All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..

                      https://www.finra.org/industry/essentials-exam

                      • “Securities Industry Essentials (SIE) Exam
                        • Available Beginning October 1, 2018
                        The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                        Key Features of the Essentials Exam
                        ________________________________________
                        • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                        • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                        • Essentials exam results are valid for four years.
                        The Essentials Exam at a Glance
                        ________________________________________
                        Number of Items 75
                        Format Multiple Choice
                        Duration 105 minutes
                        Passing Score 70%
                        Cost $60”
                        New Series 7 Exam

                        The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.

                        Major Job Functions Percentage of Test Questions Number of Test Questions
                        (F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
                        (F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
                        (F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
                        (F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
                        TOTAL 100% 125”

                        The five job functions of the new Series 7 General Securities Representative Exam will be:

                        “Seeks business for the broker-dealer through customers and potential customers”

                        “Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”

                        “Opens accounts, transfers assets and maintains appropriate account records”

                        “Provides customers with information on investments and makes suitable recommendations”

                        “Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”

                        These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

                        https://www.finra.org/industry/series7

                        Here is a link to the table of Contents

                         

                        Here is what my customers say about my audio lessons
                        Testimonials

                        —————————

                         

                        New Series 7 Exam and SIE Exam details.

                        FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.

                        https://www.finra.org/industry/series7

                        However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.

                        https://www.finra.org/industry/essentials-exam

                        “Securities Industry Essentials (SIE) Exam

                        Available Beginning October 1, 2018
                        The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
                        Key Features of the Essentials Exam
                        ________________________________________
                        • The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
                        • Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
                        • Essentials exam results are valid for four years.
                        The Essentials Exam at a Glance
                        ________________________________________
                        Number of Items 75
                        Format Multiple Choice
                        Duration 105 minutes
                        Passing Score 70%
                        Cost $60”

                        Outline of SIE Exam:
                        https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf


                        https://www.finra.org/industry/series7

                        https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf

                        Here is what my customers say about my audio lessons
                        Testimonials
                        Loading…
                        28 min

                      About SIE Exam: Securities Industry Essentials Exam Lessons and Information

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                      SIE Exam: Securities Industry Essentials Exam Podcast Lessons and Information for the FINRA SIE Exam

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