The Securities Industry Essentials (SIE) Class
Securities Industry Essentials (SIE) Exam
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
- The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
- Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
The SIE exam topics: Industry terminology, securities products, the structure and function of the markets, regulatory agencies and their function, as well as regulations & prohibitive practices.
This course is approved for 24 hours of Continuing Education, including Ethics, for those with an active Life, Accident & Health and/or Property & Casualty license as of the first day of class. An additional fee would apply.
SIE Exam Details:
- Duration: 105 Minutes
- 75 Scored Questions
- Cost: $60
- Passing Score: 70%
NASAA Series 66 - Uniform Combined State Law Exam
The Series 66 is a combination of the Series 65 (Investment Advisor Exam) and the Series 63 (Uniform State Law Agent Exam). This exam focuses on the skills and knowledge needed by an Investment Advisor (IA) to provide investment advice to clients.
The Series 66 tests your ability to understand the concept of the time value of money, as well as the different measures of potential rates of return.
