Question 1
Who may take the SIE exam?
Overview of the Regulatory Framework
Form U4 registers and is updated within 30 days; Form U5 is filed within 30 days of leaving. Paid outside work needs prior written notice.
Question 2
A candidate passes the SIE and does not join a firm. How long does the SIE result remain valid for registering as a representative?
Question 3
A candidate passes the SIE. What can she now do?
Question 4
Which form does a member firm file to register a new representative?
Question 5
A registered representative is charged with a felony. Within how many days must his Form U4 be updated?
Question 6
A representative is fired. When must the firm file Form U5?
Question 7
Why must most associated persons of a broker-dealer be fingerprinted?
Question 8
Which event can cause a statutory disqualification?
Question 9
How often must a registered person complete the Regulatory Element of continuing education?
Question 10
Who decides the content of the Firm Element of continuing education?
Question 11
A registered representative wants a paid weekend job selling insurance for an unaffiliated insurance agency. What must he do under FINRA's outside activity rules?
Question 12
A representative wants to sell a friend's private company shares to customers outside the firm, for a commission. What do FINRA's rules on private securities transactions require?
Question 13
Under FINRA Rule 3220, what is the most a representative may give in gifts to a person at another firm in a year, in connection with business?
Question 14
A representative takes a client of another firm to a ball game and goes with him. How does Rule 3220's gift limit apply?
Question 15
A municipal finance professional can vote for a mayor running for re-election. What is the most she may contribute to the campaign without triggering MSRB Rule G-37's ban?
Question 16
A customer sends a written complaint to her representative. What must the firm do?