SIE FINRA Practice Questions & Answers 100% Verified
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Course
FINRA
Institution
FINRA
SIE FINRA Practice Questions & Answers 100%
Verified
A married couple who earn over 300,000 currently as well as prior two years -
Correct AnswerAccredited Investor
Which of responses describes an advantage of index funds - Correct Answer-The
protection of
principal during bearish markets
...
SIE FINRA Practice Questions & Answers 100%
Verified
A married couple who earn over 300,000 currently as well as prior two years -
Correct AnswerAccredited Investor
Which of responses describes an advantage of index funds - Correct Answer-The
protection of
principal during bearish markets
Under a system of statutory voting, a common stockholder has as many votes
for each vacancy
on the board of directors as the number of: - Correct Answer-proxies available
for voting by the
board
Which security types provides investors with a stated maturity date, a floating
interest rate, and
an option to put the security back to a financial intermediary on a daily or
weekly basis - Correct
AnswerA member of a stock exchange responsible for providing liquidity in a
security by being willing
,SIE FINRA Practice Questions & Answers 100%
Verified
to buy and sell at all times is known as: - Correct Answer-a market maker
An associated person who is not a registered representative is permitted to
engage in which of
the following activities - Correct Answer-Provide account opening forms to a
new customer
Under FINRA rules, non-cash compensation connected with the sale of variable
contracts
includes all of the following items except: - Correct Answer-commissions
FinCEN accomplishes its mission to safeguard the financial system from the
abuses of financial
crime, including terrorist financing and money laundering, by enforcing: -
Correct Answer-the
Bank Secrecy Act
To offer its shareholder a privilege to obtain its shares at a fixed price, which of
the following
products does a corporation issue? - Correct Answer-Rights
,SIE FINRA Practice Questions & Answers 100%
Verified
Which of the following outcomes for the writer of a covered call option? -
Correct Answer-Profit
limited and loss limited
Stability in the value of a debt portfolio is greatest when: - Correct Answer-
maturities of the debt
securities are short
UTMA acounts are opened under the tax ID of the: - Correct Answer-minor
The redemption value of an open-end investment companys shares is based on
the - Correct
Answer-NAV computed after the order is received.
A firm is a participant in a public offering. To sell a substantial amount of the
securities to its
customers, the firm agrees to repurchase the shares at no less than the original
sales price. Such
agreements are: - Correct Answer-prohibited as fraudulent and manipualtive
, SIE FINRA Practice Questions & Answers 100%
Verified
Which of the following statements is true regarding the concept of an annuity
contract? - Correct
Answer-the kind of annuity selected partly determines the payment amounts to
the annuitant
A customer is an officer of a company that is involved in some significant
changes. All of the
following items are examples of corporate affairs that could be considered inside
information if
the customer shares them with his registered representative except: - Correct
Answer-declared
stock dividend
A registered representative is reviewing the folllowing portfolio:
- 30% ABC Energy Company
- 30% XYZ Health Care Company
- 30% Exchange-traded fund (tracks the S&P 500)
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