SIE EXAM CANDIDATES, STUDY REAL ESTATE INVESTMENT TRUSTS BEFORE TAKING SECURITIES INDUSTRY ESSENTIALS EXAM
Are you planning on sitting for the Securities Industry Essentials (SIE) exam? If the answer is yes, then study up on the types and workings of real estate investment trusts, or REITs.
FINRA's Content Outline clearly lists real estate investment trusts as included in the SIE exam under Section 2.1.7.
Bob Eder covers REITs in detail on pages 129-131 of his Study for the Securities Industry Essentials (SIE) Exam. For example, here is Bob Eder's definition of an REIT:
"Real Estate Investment Trusts (2.1.7)
These REIT’S are
pooled investments that purchase real estate and real estate mortgages. Many REIT’s
are traded on exchanges, such as the NYSE. Thus, these exchange-listed REIT's
are very liquid. An investor can purchase or sell shares anytime during the
trading day. However, not all REIT's are listed on an exchange or on Nasdaq,
and not all REIT's have the same high liquidity."
Here is the link to FINRA's Content Outline for the SIE exam. See the references to Real Estate Investment Trusts in FINRA's Content Outline, section 2.1.7.
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