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...

For scoring purposes, the Securities Industry Essentials (SIE) exam is broken into four sections. Section I deals with " Knowledge of the Capital Markets ." There are 12 questions out of 75 dealing with this topic, or 16 percent of the exam. Therefore, you need to know what the capital markets entail. For example, you need to be able to explain the difference between the SEC and the various self-regulatory organizations. When the SIE exam refers to an "SRO," you need to know that it is speaking about a self-regulatory organization, such as FINRA. The SIE asks questions about other securities regulators, such as the North American Securities Administrators Association, or NASAA. Know also about the Securities Investors Protection Corp. and the Federal Reserve, or Fed. We indicate here only a few of the topics covered in the SIE's Knowledge of the Capital Markets. Bob Eder's Study for the Securities Industry Essentials (SIE) Exam covers the subject in d...