SIE EXAM QUESTIONS that you MUST KNOW with Suzy Rhoades of PassMasters

Welcome to PassMasters’ Questions of the Week with Suzy Rhoades, our expert securities exam prep instructor.
If you are studying for the Securities Industry Essentials (SIE) Exam, this video is for you! In this video, Suzy will cover 23 questions the come from the topics covered in FINRA's SIE content outline in Section 3 - Understanding Trading, Customer Accounts, and Prohibited Activities. This section covers a lot!
Bearish or bullish? T + 1. Stock splits! Margin accounts. Custodial accounts. Anti-money laundering. Regulation S-P. Financial Exploitation of seniors. Books and records. These are just a few of the topics covered within Section 3 of FINRA's SIE Content Outline.
In this video, Suzy will present questions that come directly from our SIE exam prep licensing course.
To learn more about Suzy's SIE course -
passmasters.com/securities/sie/
To check out all of Suzy's securities course offering -
passmasters.com/securities-ex...
#sieexamquestions #sieexam #sieexamprep #sieexamquestions #suzyrhoades #passmasters
Let's see what Jonathan had to say about Suzy's SIE course:
“Hi, I purchased a course from ExamFX, Knopman, Kaplan, Solomon, STC, Securities Institute of America, and PassMasters for the SIE. In studying for the SIE, I found PassMasters and Suzy to be the best course and the easiest to explain and digest the material.”
Glad you found us Jonathan! Let us help you PASS THE SIE!
We will be posting questions of the week type videos frequently so please make sure to subscribe to our page and activate notifications.
Do you have questions about anything covered in this video? Or about any of the securities exams in general? Post a comment and we will respond asap. Thanks for watching and happy studies!
Contents of this video
0:00 - Welcome
0:57 - Practice Question 1 - Community property states
1:42 - Practice Question 2 - When is sharing commissions ok
2:48 - Practice Question 3 - Insider trading
3:33 - Practice Question 4 - Laws targeting money laundering
4:12 - Practice Question 5 - Buying a bond on margin
4:35 - Practice Question 6 - # of shareholders for an S corporation
4:53 - Practice Question 7 - Plan for a disaster
5:27 - Practice Question 8 - Block order
5:45 - Practice Question 9 - Institutional clients
6:14 - Practice Question 10 - Currency transaction report filing threshold
6:42 - Practice Question 11 - Annualized return
7:04 - Practice Question 12 - Stock buyback
7:23 - Practice Question 13 - Proxy solicitations
7:57 - Practice Question 14 - Regulation Best Interest
8:27 - Practice Question 15 - Bid and Ask prices
9:47 - Practice Question 16 - New member firm's FINRA filing requirements
10:35 - Practice Question 17 - Regulation S-P
11:27 - Practice Question 18 - Business that ceases at owner's death
11:47 - Practice Question 19 - Selling shares without pay fully
12:15 - Practice Question 20 - IRAs
12:58 - Practice Question 21 - Personal trading account
13:59 - Practice Question 22 - Tax rate that hurts low income families
14:35 - Practice Question 23 - Market breadth indicators
15:20 - Recap

[@dengelmaryam8346]

Bless your heat, i can listen to you all day. You are the best🎉❤. Please keep helping Suzy and more exploration too.

[@PassMasters]

That means the world to us, thank you! We really do appreciate it and always happy to help! Thanks for watching 😃

[@dengelmaryam8346]

Oh my God, I watched some of your videos and found lots of questions similar. Even though I didn't pass the exam, may be I can get your help. Let me know what you think?

[@PassMasters]

@@dengelmaryam8346 Thanks again for watching! We certainly can offer our help, we offer our SIE prep course on our website here: passmasters.com/ We also have our full SIE question playlist for free here on our youtube: kzbin.info/aero/PLwJTm2ZT1L2UKUwzcMG3KE0qTIeAcra0W Happy Studies 😃

[@kc9872]

Thank you for going slow and clear on the questions. At least 2 questions I didn’t find on the current study material.

[@PassMasters]

Glad it was helpful! Thanks for watching! 😀

[@audilover1295]

Thank you So much for helping to make things clear for me and others Suzy!

[@PassMasters]

Happy to help!😃

[@kentsnodgrass1351]

Thank you for helping me study! You are the best!

[@PassMasters]

You are very welcome! Thank you 😁

[@Ykpaina988]

These are way easier than the actual test questions a FYI

[@PassMasters]

Thank you for your feedback. The SIE exam will have some longer/more challenging questions for sure. Thanks for watching. 😀

[@puneetsingh6917]

Great teaching . 💯💯

[@PassMasters]

Thank you for watching 😀

[@killerch33z]

hey i recognize you from examfx!!! thank u for these videos

[@PassMasters]

So glad you found me! Thank you for watching 😀

[@bumblebee1554]

Took my SIE & failed by 3% ugh 😑 and

[@PassMasters]

I am so sorry to hear you did not pass. You are so close. You can ask me anything! I know you will get it this next time!

[@jimsbro]

Are there videos of individual chapters?

[@PassMasters]

On KZbin I have made videos where I cover topics with questions, these all come from the content outline. There are longer exam videos that correspond with the four sections of the content outline. Also within this YT playlist are some videos where student questions are answered. Our online course includes videos on each topic. Thanks for watching Here is the SIE playlist: kzbin.info/aero/PLwJTm2ZT1L2UKUwzcMG3KE0qTIeAcra0W 😀

[@giggachadbrain]

wHAT does it mean to be in 'direct or indirect common control'?

[@PassMasters]

In reference to question #2....say I work at broker/dealer A and you work at broker/dealer H, can I share commission with you? Nope. What if broker/dealer A owned broker/dealer H? Then YES, that would be allowed under direct control. What if broker/dealer A owns a company that owns broker/dealer H, YES, that is indirect common control. 😀

[@user-rr5ch6ql4b]

will questions on the SIE be in this type of format or will the questions be worded different?

[@PassMasters]

Some of the question may be similar and some may be very differently worded. All of the questions I cover for you are designed to cover the CONCEPTS that you need to to pass the SIE. 😀Thanks so much for watching!

[@DS-ot5zm]

Suzy, don't Roth distributions begin *after* the investor turns 59 1/2? Question 20

[@PassMasters]

Hi! Roth IRA's never HAVE to be distributed. The main benefit to the Roth is that the earnings are tax-free if they are distributed AFTER age 59 1/2 AND the account has been open for a minimum of 5 years. In that question you were looking for the FALSE statement, Roth IRA distributions do not HAVE to begin at any specific age is a TRUE statement. :) Remember with a Roth the money you put in is in after-tax dollars and you can take out YOUR contributions at anytime, no tax, no penalty. Traditional IRA contributions may or may not be tax deductible. Traditional IRAs do have to follow the RMD rules (required minimum distributions rules), Roth IRAs do not. Sorry for the novel. Hope that helps!

[@DogShortsTV]

Thank you so much for this! ❤