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General Securities Representative Securities Industry Essentials Exam (SIE)

Securities Industry Essentials Exam (SIE)

Last Update Jan 15, 2026
Total Questions : 188

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Questions 2

Executing trades using the delivery versus payment (DVP) settlement process requires the buyer to make a cash payment by which of the following deadlines?

Options:

A.  

On the 5th business day after execution

B.  

Before or at the same time as securities being delivered

C.  

No later than 3 days after the securities are delivered

D.  

By the agreed-upon settlement date with the issuer

Discussion 0
Questions 3

When making a mutual fund recommendation to a customer, a registered representative must consider all of the following factors except:

Options:

A.  

the age of the customer.

B.  

the tax status of the customer.

C.  

the fund’s independent ranking

D.  

the investment objective of the fund.

Discussion 0
Questions 4

Assume that the economy is operating at nearly full capacity. The initial results of an oversupply of money are most likely to have the greatest impact on which of the following macroeconomic factors?

Options:

A.  

Real output

B.  

Inflation rate

C.  

Velocity of money

D.  

Unemployment rate

Discussion 0
Questions 5

Which of the following securities has the greatest investment risk?

Options:

A.  

Blue chip stocks

B.  

Corporate bonds

C.  

Technology stocks

D.  

Government bonds

Discussion 0
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