STUDY FOR THE SECURITIES INDUSTRY ESSENTIALS EXAM (SIE) EXAM

If you plan to sit for the Securities Industry Essentials exam (SIE), you should be aware that the SIE exam asks questions about securities offerings. How do I know this? I know this because Section 1.4 of FINRA's Content Outline indicates that the applicant should study and know types and kinds of offerings. For example, Section 1.4 of the Content Outline indicates that a candidate should expect to be asked about public versus private offerings, initial public offerings, secondary offerings, and follow-on offerings. Also shelf offerings, both definition and purpose. Bob Eder's book, Study for the SIE Exam , covers  in detail  all these topics and more. Here is the link to FINRA's Content Outline for the SIE exam. Study for the Securities Industry Essentials (SIE) Exam  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.) degree from the University of Utah, ...

If you plan to sit for the SIE exam, be aware that you need to be prepared for questions on public and private offerings of securities. For example, you must be able to explain the difference between primary and secondary offerings. A primary offering is an offering of securities or shares that have never been issued before. A secondary offering on the other hand involves securities already owned and now being re-sold. Make sure that you can articulate the difference between types of underwriting by underwriting syndicates. There are two main types—best efforts and firm commitment. And don't go into the test without familiarity with shelf offerings—what they are and why companies find them useful. We indicate here only a few of the topics covered in the SIE's section on Offerings. Bob Eder's  Study for the Securities Industry Essentials (SIE) Exam   covers the subject in detail.  Bob Eder's book,  Study for the Securities Industry Essentials (SIE) Exam , ca...