STUDY FOR THE SECURITIES INDUSTRY ESSENTIALS EXAM (SIE) EXAM

Are you planning to take the SIE Exam? If so, consider our study manual, Study for the Securities Industry Essentials Exam .  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.) degree from the University of Utah, Quinney College of Law, in 2001. He is a member of the Utah State Bar, although he does not currently practice law.

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...

How familiar are you with preferred shares and the different classes or types of preferreds? The Securities Industry Essentials (SIE) exam asks about preferred shares, Therefore do not go into the SIE exam without first becoming thoroughly familiar with this subject. Here's one of Bob Eder's own questions. Can you answer it correctly? Larry purchases 100 shares of preferred stock issued by XYZ Corp. The shares are "cumulative preferreds." Each share carries a dividend rate of three dollars ($3.00). XYZ Corp. has not paid any dividends on these cumulative preferred shares for the last two years. How much must XYZ Corp. pay on the preferred shares for the current year if it wishes to pay a dividend on its common shares. a.     $3.00 per share b.    $6.00 per share c.     $9.00 per share d.     $12.00 per share The answer is (c). A cumulative preferred means that the issuing company, such as XYZ Corp., may not pay any divide...

If you are sitting for the SIE exam, you need to study rules of FINRA and the SEC, especially rules regarding anti-money laundering and safeguarding the financial privacy of customers and clients. FINRA requires all member broker/dealers to establish an anti-money laundering compliance program. There must be procedures put in writing to safeguard against money laundering. There must be reports sent periodically to a firm's senior management. As to safeguarding privacy of customers' financial information, the SEC has adopted Regulation S-P, that prohibits the disclosure of sensitive financial information of clients and customers. Regulation S-P mandates certain periodic written disclosures to customers advising them of their privacy rights. If you are fuzzy about these concepts, meaning that you are unable to confidently state, for example, the three stages of money laundering, or the substance of Regulation S-P, then you need to do more study preparation.  Bob Eder J.D....

If you plan to sit for the Securities Industry Essentials (SIE) Exam in the near future, you need to know that the SIE exam asks questions about options. The topic of options is contained in Section 2 of the FINRA Study Outline for the SIE test, Section 2 has the most questions, 33 in total, and a chunk of those are on options, found in 2.1.3 of the Study Outline. One of the characteristics of options is identifying a put or call as in-the-money, at-the-money, and out-of-the-money. Make sure you can properly apply these terms. For example, a put option is in-the-money when the stock price is below the option's strike price. If you are fuzzy about these concepts, meaning that you are unable to confidently state when an option is in-the-money, etc., you need help in preparing for the SIE exam.  Bob Eder J.D.'s book Study for the Securities Industry Essentials (SIE) Exam covers options in detail with practice questions and real-life examples.  It is available from A...

Are you planning to sit for the Securities Industry Essentials (SIE) exam? Then you owe it to yourself to consider Bob Eder's study text, Study for the Securities Industry Essentials (SIE) Exam. Bob Eder's book,  Study for the Securities Industry Essentials (SIE) Exam , can help you prepare for the SIE test.  Unlike other study texts for the SIE exam, Bob Eder does not throw in superfluous material to make the material appear larger or more important. How can you be sure? Bob Eder's book lists the numbers from FINRA's Content Outline that inform the student what the SIE exam can ask the test applicant, not superfluous material that does not have a chance of appearing. Bob Eder thus saves you valuable time in studying test material and avoiding what does not appear. I t is available through Amazon in both paperback and Kindle e-book versions.  Here is the link to Bob Eder's book on Amazon . Here is the link to FINRA's Study Outline for the SIE exam . ...