STUDY FOR THE SECURITIES INDUSTRY ESSENTIALS EXAM (SIE) EXAM

Taking the SIE exam? Don't neglect to study rules of FINRA and other SRO's! What is an SRO? It stands for self-regulatory organization, such as FINRA, the Chicago Board Options Exchange (CBOE), the Municipal Securities Rulemaking Board (MSRB), and the various stock exchanges. Section 4.1 of the SIE Content Outline is entitled "SRO Regulatory Requirements for Associated Persons." Take a look at this section in the SIE Content Outline. Notice the rules and regulations that are listed. What does this mean for you and passing the test? It means that you cannot neglect studying the rules in depth and in detail. Bob Eder J.D.'s book  Study for the Securities Industry Essentials (SIE) Exam  covers the important rules and regulations of FINRA and the other SRO's.  Bob Eder's book is available from Amazon in both paperback and Kindle e-book versions.  Here is the link to Bob Eder's book on Amazon . Bob Eder received his Juris Doctor (J.D.) deg...

Are you planning on taking the Securities Industry Essentials Exam, or the SIE? Then make sure that you know the important changes made to IRA plans and 529 education accounts by the Secure Act of 2020. Here are some of the new changes. Secure Act of 2020 —This act allows a holder of an IRA to delay until age 72 (increased from 70 ½) the mandatory obligation to begin withdrawing funds, or taking the required minimum distribution (RMD). It also allows using monies in a 529 education savings plan to pay off $10,000 of the beneficiary's student debt, and another $10,000 for each sibling of the beneficiary for the purpose of   paying off the siblings' education indebtedness. If you are fuzzy about these new provisions, meaning that you are unable to confidently explain, for example, when a person must begin taking required minimum distributions (RMD) from his/her Traditional IRA, then you need to do more serious study preparation.  Bob Eder J.D.'s book  Study for the S...