SIE FINRA Exams Pack | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+

Roth 401 (k) and Roth individual retirement account (IRA) plans share which of the following features? : Qualified distributions are excluded from federal income tax All of the following risks apply to both foreign and domestic debt instruments except: : Exchange The redemption value of an ope...

The owner of which of the following products is MOST exposed to inflationary risk? : Treasury Bonds have a higher inflationary risk than Blue chip industries, T-Bills, or Utility stocks. Which of the following considerations should a registered representative explain t a customer when recommen...

The primary purpose of a syndicate desk in the context of an equity offering is to: A. determine the list of selling shareholders B. build an order book and allocate the stock C. solicit interest from investors in the stock offering D. chaperone company management during the road show : B In a...

The redemption value of an open-ended investment company's shares is based on the: : Net assets value computed after the order is received An associated person who is not a registered representative is permitted to engage in which of the following activities? : Provide account opening forms to...

The redemption value of an open-end investment company's shares is based on the: previous offering price previous closing NAV NAV computed after the order is received offering price computed after the order is received : NAV computed after the order is received The computation of dollar price...

In a period of low inflation and economic recession, the Federal Reserve is expected to take which of the following actions? A) Decrease Taxes B) Require banks to increase reserve C) Buy bonds in the open market : Buy bonds in the open market Under FINRA rules which of the following activit...

Upon Expiration, all in-the-money S&P 100 Index call options are settled by the delivery of which of the following? : Cash Which of the following statements is true about treasury stock? : It is issued stock that has been subsequently reacquired by the corporation In the event of a stock split...

If interest Rates fall the issuer will most likely call which bonds first? : High Dividend Rate preferred issues trading at a premium What are some actions by a corporation will affect an individuals common shareholder's equity : Conversion of convertible preferred stocks or bond Repurchase o...

When is interest on Treasury notes paid? A.) Quarterly B.) Semiannually C.) Annually D.) At maturity : B.) Semi-annually The computation of dollar prices and accrued interest on municipal bonds is normally on what calendar basis? A.) 30/360 B.) 30/365 C.) Actual/360 D.) Actual/365 : A.)...

What is the cost basis of an inherited mutual fund? : The net asset value (NAV) of the shares when the owner dies Under Federal Reserve Regulation T, a 90-day restriction is imposed when a customer opens and closes which of the following positions : the same stock in a cash account without payi...

The central purpose of the rules written by the Securities and Exchange Commission is _______________. : to protect and safeguard investors. The rules in support of the Securities Exchange Act of 1934 ____________ : specify how the law is implemented and enforced. Which of the following is not...

Under SEC regulation S-P, which of the following information must a firm include in its customer privacy and opt-out notices? : the policies to protect the security of nonpublic information under industry regulations, an initial purchase of $3,000 of common stock in a margin account requires a...

nder Rule 144A, an issuer of restricted stock is permitted to sell to which of the following investors : Qualified Institutional Buyers The primary purpose of a syndicate desk in the context of an equity offering is to: : Build an Order book and allocate the stock What is the cost basis of an ...

What is true about all U.S. government agency securities? : They are exempt from registration under the Securities Act of 1933 No-load mutual funds may have lower expense ratios than load mutual funds for which of the following reasons? : No-load funds are not permitted to charge a 12b-1 fee gr...