What will I learn?
Effective October 1, 2018, securities industry professionals holding a securities representative-level license are qualified to sell
specific securities products, depending on which license is held, a Series 6 or a Series 7. As part of the process of becoming securities
licensed, all candidates must pass both the Securities Industry Essentials (SIE) exam and a representative-level top off exam.
The SIE exam measures entry-level knowledge of basic securities industry concepts. SIE exam candidates must have a basic understanding of
markets, securities products and their risks, securities trading, customer accounts, prohibited activities and the regulatory framework.
This course will deliver the content needed to successfully complete the examination requirements.
Testable topics include:
Federal securities regulations, registration, qualification and termination of employment processes,
product definitions and classifications, communications with the public, investment company definitions, classifications and registration, prospectus
requirements, evaluating customer's financial information, investment objectives, suitable recommendations, types of investment returns, tax considerations,
securities markets, prohibited activities, customer accounts, activity, confirmations and complaint procedures, investigations, code of arbitration and
code of procedures, sanctions and penalties.