The most played episodes among Podcast App listeners.

1. 1
   Number 1: SIE Exam Interview with Logan Keller

   son23 Securities Act of 1933 Quiz This is a SIE Podcast Interview Logan Keller This is and interview with a new entrant to the financial services industry, Logan Keller.Logan talks about his background and his interesting path to become a RIA agent. 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 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…

   January 23, 2024·49min
   Play
2. 2
   Number 2: 2023 SIE Exam Lesson 25 Sarbanes-Oxley Act Quiz

   SIE Exam Lesson 25 Sarbanes-Oxley Act Quiz SIE Exam Lesson 25 Sarbanes-Oxley Act Quiz This is a SIE Exam Lesson 25 Sarbanes-Oxley Act Quiz which is the Sarbanes Oxley Act, See how you do if you need help listen to the lesson over. Questions covered include 1. The Uniform Securities Agent State Law Examination is also known as the ___. A. Series 63 Exam B. Series 64 Exam C. Series 65 Exam D. Series 66 Exam 2. Blue sky laws are federal regulations. A. True B. False 3. An offering that is exempted from federal regulation is always exempted from state regulation. A. True B. False 4. A person has registered his securities in the Securities and Exchange Commission but he wants those securities be recognized in a certain state. What kind of registration does he need to file? A. registration by coordination B. registration by filing C. registration by notification D. registration by qualification 5. Taking orders from customers in a certain state requires broker-dealers to be registered in that state. A. True B. False 6. This rule separated the conflicts of interest that were inherent between the underwriter and the research analyst. A. Prudent Man Rule B. Sarbanes-Oxley Act C. Securities Investor Protection Act D. Trust Indenture Act 7. Which of the following would a prudent man likely to do? A. buy government securities for his client B. buy naked options for his client C. buy penny stocks for his client D. short stocks in the client’s account 8. Which of the following will most likely be found in the legal list of securities that fall within the prudent man rule? (Select all that apply.) A. government securities B. highly rated corporate bonds C. highly rated municipal bonds D. 144 stocks 9. The Trust Indenture Act of 1939 requires a trust indenture for a corporate bond offering of at least ___. A. $3 million B. $4 million C. $5 million D. $6 million 10. Which of the following is true about the Investment Advisor Act of 1940? (Select all that apply.) A. It covers firms that offer wrap accounts and charge fees. B. It covers the people who charge a fee for investment advice. C. It only applies if the investment advisor gives advice to 15 or more people. D. It requires that investment advisors pass the Series 7 Examination. 11. The Securities Investor Protection Corporation protects the customer’s assets up to ___. A. $500,000 B. $600,000 C. $800,000 D. $1,000,000 12. A client has an IRA account and a regular account. Under the Securities Investor Protection Act of 1970, the client has only one account. A. True B. False 13. The Federal Telephone Consumer Protection Act prohibits unsolicited calls before 8:00 A.M. or after 9:00 P.M. of the local time of the caller. A. True B. False 14. Which of the following is true about the Do Not Call list? (Select all that apply.) A. A firm can only call the persons listed on the Do Not Call list during weekdays on office hours but not on weekends and non-office hours. B. A person listed on the Do Not Call list can bring civil law enforcement actions against the firm that calls him. C. It applies to unsolicited faxes. D. The caller must identify himself by name, firm, and where he’s coming from when calling a person on the Do Not Call list so that his call may be entertained. 15. Which of the following does the Sarbanes-Oxley Act require? A. It requires accounting firm to combine their management consultation business with their auditing business. B. It requires accounting firm to have both management consultation business and auditing business. C. It requires accounting firm to have either management consultation business or auditing business but not both. D. It requires accounting firms to separate their management consultation business from their auditing business. 16. According to the Sarbanes-Oxley Act, an accounting firm acting as auditors for the firm has to report to the ___. A. independent directors of the corporation B. board of directors audit committee C. Security and Exchange Commission D. stockholders 17. According to the Sarbanes-Oxley Act, the CEO and CFO of the issuing company should not be employed by the company’s audit firm for ___. A. one year after the audit B. one year preceding the audit C. six months after the audit D. six months preceding the audit 18. According to the Sarbanes-Oxley Act, they must certify annually the financial statements in the 10-Q and 10-K reports. (Select all that apply.) A. CEO B. CFO C. directors D. stockholders 19. According to the Sarbanes-Oxley Act, insider trade reports have to be made public through the 8-K reports, which must be filed within ___ business days. A. 4 B. 5 C. 10 D. 15 20. The Sarbanes-Oxley Act gives insiders who trade a stock outside the blackout period ___ business days to report their trade. A. one B. two C. three D. five We hope you did well on this SIE Exam Lesson Sarbanes Oxley Act Quiz The Sarbanes-Oxley Act (SOX) The Sarbanes-Oxley Act (SOX) is a comprehensive legislation enacted in the United States in 2002 to enhance corporate governance and improve the accuracy and reliability of financial reporting. While the primary focus of SOX is on public companies, its impact extends to various professionals in the financial industry, including financial consultants. Here’s how SOX affects financial consultants and why it can be beneficial for their clients: 1. Increased Demand for Financial Consultants: SOX introduced stricter regulations and compliance requirements for public companies. As a result, organizations often seek the expertise of financial consultants to help them navigate the complexities of SOX compliance. This has created an increased demand for financial consultants, providing more opportunities for professionals in this field. 2. Expertise in Internal Controls and Risk Management: SOX places a strong emphasis on internal controls and risk management. Financial consultants play a crucial role in assisting companies with the development, implementation, and evaluation of internal controls to ensure compliance with SOX requirements. They help identify potential risks and weaknesses in financial reporting processes and provide guidance on improving controls and mitigating risks. 3. Audit and Assurance Services: SOX requires companies to undergo regular independent audits of their internal controls and financial statements. Financial consultants often collaborate with external auditors to perform these audits and provide assurance services. They assist in evaluating the effectiveness of internal controls and ensure that financial statements are accurate and reliable, which enhances investor confidence in the company’s financial reporting. 4. Ethical Standards and Corporate Governance: SOX established ethical standards for corporate governance and accountability. Financial consultants play a crucial role in promoting and enforcing these standards within organizations. They assist in developing and implementing codes of conduct, ensuring compliance with ethical guidelines, and monitoring adherence to corporate governance principles. This helps in fostering a culture of transparency, integrity, and accountability within client organizations. 5. Enhanced Investor Protection: SOX aims to protect investors by improving the accuracy and reliability of financial information. Financial consultants contribute to this goal by assisting companies in producing transparent and accurate financial reports. By ensuring compliance with SOX regulations, financial consultants help build trust between companies and their investors, which can positively impact the overall financial market. 6. Risk Mitigation and Fraud Prevention: SOX requires companies to implement measures to detect and prevent fraudulent activities. Financial consultants assist in identifying potential fraud risks, implementing anti-fraud controls, and conducting investigations when fraudulent activities are suspected. Their expertise in financial analysis and risk assessment helps clients establish robust systems to mitigate the risk of fraud, protecting the interests of stakeholders. In summary, the Sarbanes-Oxley Act has had a significant impact on financial consultants. It has increased demand for their services, expanded their role in internal controls and risk management, and emphasized the importance of ethical standards and corporate governance. By ensuring compliance with SOX regulations, financial consultants contribute to enhancing transparency, mitigating risks, and protecting the interests of investors, ultimately benefiting both their clients and the financial industry as a whole. 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…

   June 20, 2023·11min
   Play
3. 3
   Number 3: SIE Exam Lesson 7 Free Quiz: Fixed Income pt. 3

   This is a SIE Exam Lesson 7 Free Quiz which is covering Fixed income. Try it and see how you do if you need help listen to the lesson over. SIE SIE Exam Lesson 7 Free Quiz This is a SIE Exam Lesson 7 Free Quiz which is covering Fixed income. Try it and see how you do if you need help listen to the lesson over. Questions covered include Below are questions based on the previous lesson. Choose the letter of the correct answer. To take the quiz online, click here. 1. The US government is not subject to the Securities Act of 1933. A. True B. False 2. Which of the following are non-callable? A. treasury notes B. treasury bonds C. treasury bills D. all of the above 3. A risk free investment guarantees a client to get back a dollar for every dollar he invests as long as he does it at par. A. True B. False 4. Which of the following is a risk-free investment? A. Collateralized Mortgage Obligations B. treasury bills C. zero coupon bond D. all of the above 5. Interest on direct US treasuries are exempted from ___. A. federal taxation B. state taxation C. both federal taxation and state taxation D. neither federal taxation nor state taxation 6. Which of the following is NOT a characteristic of US government bonds? A. Their auctions are held every six months. B. Their interest is paid semiannually. C. They are callable. D. They are the longest issued bonds. 7. Interest rates of Treasury Inflation Protected Securities are usually lower than treasury notes or treasury bonds because of the ___. A. coupon rate B. inflation protection C. state taxation D. all of the above 8. Which of the following is NOT a quasi-hybrid security? A. Certificates of Accrual on Treasury Securities (CATS) B. Separate Trading of Registered Interest and Principal Securities (STRIPS) C. Treasury Income Growth Receipts (TIGERS) D. All of the above are quasi-hybrid securities. 9. It is an independent federal agency created as a successor regulatory agency from the merger of the Federal Housing Finance Board, the Office of Federal Housing Enterprise Oversight and the US Department of Housing and Urban Development. A. Federal Home Loan Agency B. Federal Housing Finance Agency C. Federal Intermediate Credit Agency D. Federal Land Agency SIE Exam Lesson 7 Free Quiz: Continued 10. The only US government agency obligation that carries the full faith and credit of the United States government A. Farmers Housing Administration B. Government National Mortgage Association C. Small Business Administration D. Student Loan Marketing Association 11. Which of the following is NOT guaranteed in a Ginnie Mae certificate? A. duration of the investment B. interest rate C. principal D. All of the above are guaranteed in a Ginnie Mae certificate. 12. Why does the investment value of a Collateralized Mortgage Obligation decline in a client’s statement? A. The interest rate goes down making the investment value decrease. B. The principal is adjusted based on the current inflation rate. C. The reduction in the investment value is received by the client every month as part of the principal. D. all of the above 13. Zero coupon bonds are created by the government. A. True B. False 14. These are government notes or government bonds whose interest payments are stripped out and then sold at a discount. A. serial bonds B. treasury bills C. treasury bonds D. zero coupon bonds 15. If a client owns a 20-year zero coupon treasury bond and interest rates go up, that bond in the secondary market will ___. A. drop as much as a regular bond B. drop significantly more than a regular bond C. rise as much as a regular bond D. rise significantly more than a regular bond 16. Which of the following is a characteristic of the Student Loan Marketing Association? A. It issues normal debentures which are backed by its loans. B. Interest is paid semi-annually on its bonds. C. Its bonds are quoted in thirty-seconds. D. all of the above 17. Agency debts trade in trade day plus three days. A. True B. False 18. Primary dealers buy small amounts of government bonds, notes, and bills directly from the government. A. True B. False 19. It is a pledge of collateral usually real estate to secure a loan at a fixed interest rate over the term of the loan. A. asset B. equity C. mortgage D. obligation 20. Which of the following is a risk in a Collateralized Mortgage Obligation? A. interest rate risk B. liquidity risk C. prepayment risk D. all of the above We hope you did well on this SIE Exam Lesson 7 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…

   January 06, 2022·11min
   Play
4. 4
   Number 4: SIE Exam Lesson 6 Free Quiz: Fixed Income pt. 2

   This is a SIE Exam Lesson 6 Free Quiz which is covering Fixed income. Try it and see how you do if you need help listen to the lesson over. SIE Exam Lesson 6 Free Quizz This is a SIE Exam Lesson 6 Free Quiz which is covering Fixed income. Try it and see how you do if you need help listen to the lesson over. Questions covered include 1. Which of the following is the correct set of government bills in order of increasing length in which they are set? A. bills, notes, bonds B. notes, bonds, bills C. bonds, notes, bills D. All of the above government bills have equal duration in which they are set. 2. Which of the following is NOT a US government sponsored entity? A. Fannie Mae B. Freddie Mac C. Ginnie Mae D. Sallie Mac 3. A call feature is a compulsory redemption of the bond at a specific price. A. True B. False 4. A call protection period is _____. A. a period of time which protects the bond holder from an increase in the interest rate B. a period of time which protects the bond holder from a decrease in the dividend C. a period of time which protects the bond holder from a call from the issuer D. a period of time which protects the bond holder from a call from the transfer agent 5. It is best to quote a bond to a client in the most conservative yield. A. True B. False 6. It is the right of the bond holder to redeem the bond from the issuer on a specific date. A. call feature B. put feature C. tending feature D. refund feature 7. US treasury bonds are quoted in ___. A. eighths B. sixteenths C. thirty-seconds D. sixty-fourths 8. Corporate bonds are quoted in ___. A. eighths B. sixteenths C. thirty-seconds D. sixty-fourths 9. Bonds that trade flat are bonds without accrued interest. A. True B. False 10. Which of the following is a bond that trade flat? A. defaulted bond B. commercial paper C. zero coupon bond D. all of the above SIE Exam Lesson 6 Free Quiz: Fixed Income pt. 2: Continued 11. A basis point is 10th of a percentage point. A. True B. False 12. In calculating the price of a serial bond, the following are needed EXCEPT ___. A. call date B. maturity date C. settlement date D. yield basis quote 13. In corporate bonds, in the event of dissolution, which of the following is the correct set of obligation in order of decreasing priority? A. preferred stockholders  secured creditors  debentures  unpaid wages, taxes, trade creditors B. secured creditors  preferred stockholders  debentures  unpaid wages, taxes, trade creditors C. secured creditors  unpaid wages, taxes, trade creditors  debentures  preferred stockholders D. unpaid wages, taxes, trade creditors  debentures  secured creditors  preferred stockholders 14. The Trust Indenture Act of 1939 includes which of the following? A. the terms of the issuance of bond B. specific protections for the bondholders C. important information for the full disclosure of the terms of that bond offering D. all of the above 15. All of the following are secured debts EXCEPT ___. A. debentures B. equipment trust certificates C. mortgage bonds D. All of the above are secured debts. 16. Which of the following is NOT a characteristic of a commercial paper? A. It is registered in the Securities and Exchange Commission. B. It is usually in very large denominations. C. It is usually issued at a discount. D. Its maturity does not exceed 270 days. 17. It gives the bond holder the option of converting his debt in common stock at a set conversion ratio. A. collateral trust certificates B. convertible corporate debt C. direct paper D. income bonds 18. Why would a bond be called by the issuer? A. to convert the bond into common stock B. to exchange the bond for another bond C. to make interest payments tax deductible D. to put a ceiling price on the bond if the interest rates go down 19. When the bond and stock are trading at equivalent values and there’s no theoretical reason for conversion or non-conversion, there is parity. A. True B. False 20. When stocks rise above parity, corporate treasures may force the conversion of the debt into equity by ___. A. calling the bond B. tending offer C. refunding the bond D. all of the above We hope you did well on this SIE Exam Lesson 6 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…

   December 30, 2021·14min
   Play
5. 5
   Number 5: SIE Exam Lesson 5 Free Quiz: Fixed Income pt. 1

   This is a SIE Exam Lesson 5 Free Quiz which is covering Fixed income. Try it and see how you do if you need help listen to the lesson over. SIE Exam Lesson 5 Free Quizz This is a SIE Exam Lesson 5 Free Quiz which is covering Fixed income. Try it and see how you do if you need help listen to the lesson over. Questions covered include 1. Which of the following is an example of a fixed income investment? A. bond B. government note C. collateralized mortgage obligations D. all of the above 2. In fixed income investments, the par value ___. A. is greater than the maturity value B. is less than the maturity value C. is equal to the maturity value D. varies with the maturity value but with no general trend 3. Maturity value is the value the investor gets when his fixed income investment matures. A. True B. False 4. This is the date when the investor gets back the par value of his fixed income investment. A. call date B. declaration date C. maturity date D. payable date 5. Fixed income investments have stated interest rates except for ___. A. serial bonds B. series bonds C. term bonds D. zero coupon bonds 6. US government bonds have no call features. A. True B. False 7. Sinking funds are ___. A. bonds that have depreciated its par value B. a portion of money set aside every year to buy back the issued bonds C. the difference between the bond’s par value and the yield of maturity D. all of the above 8. Which of the following is associated with collateralized mortgage obligations? A. Ginnie Mae B. government bill C. sinking funds D. all of the above 9. These bonds are bought at a discount and mature at par value. A. serial bonds B. series bonds C. term bonds D. zero coupon bonds 10. These are bonds that have varying maturity dates that carry different interest rates. A. serial bonds B. series bonds C. term bonds D. zero coupon bonds SIE Exam Lesson 5 Free Quiz: Fixed Income pt. 1: Continued 11. Which of the following does a zero coupon bond have? A. interest rate B. interest payment date C. discount D. all of the above 12. Which of the following does a term bond have? A. interest rate B. interest payment date C. maturity date D. all of the above 13. In a zero coupon bond, the difference between the value of the bond when it is bought and the value of the bond when it matures is the calculated yield. A. True B. False 14. Serial bonds are issued in a series of steps according to the cash needs of the issuer. A. True B. False 15. In the normal yield curve environment, ___. A. the shorter the maturity on a fixed income investment, the lower the par value B. the shorter the maturity on a fixed income investment, the higher the par value C. the shorter the maturity on a fixed income investment, the lower the yield D. the shorter the maturity on a fixed income investment, the higher the yield 16. In an inverted yield curve, ___. A. the shorter the maturity on a fixed income investment, the lower the par value B. the shorter the maturity on a fixed income investment, the higher the par value C. the shorter the maturity on a fixed income investment, the lower the yield D. the shorter the maturity on a fixed income investment, the higher the yield 17. When buying a discounted bond in the secondary market, which of the following is the correct set of yield in order of increasing value? A. coupon yield, current yield, yield to maturity B. yield to maturity, coupon yield, current yield C. current yield, coupon yield, yield to maturity D. All of the three yields would have equal value. 18. When buying a bond at par, which of the following is the correct set of yield in order of increasing value? A. coupon yield, current yield, yield to maturity B. yield to maturity, coupon yield, current yield C. current yield, coupon yield, yield to maturity D. All of the three yields would have equal value. 19. Bond accretion is the devaluation of the bond at par when the bond was bought at premium. A. True B. False 20. In a tax exempt bond at a premium, the amortized portion of the premium is deducted from the income of the buyer of the bond. A. True B. False We hope you did well on this SIE Exam Lesson 5 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…

   December 23, 2021·12min
   Play