Securities Industry Essentials

Here you have the best FINRA SIE practice exam questions

  • You have 85 total questions across 17 pages (5 per page)
  • These questions were last updated on February 21, 2026
  • This site is not affiliated with or endorsed by FINRA.
Question 1 of 85

Which of the following scenarios is an example of illegal insider trading?
Answer

Suggested Answer

The suggested answer is B.

Community Votes

No votes yet

Join the discussion to cast yours

Question 2 of 85

Which of the following statements describes a characteristic of Treasury securities?
Answer

Suggested Answer

The suggested answer is D.

Community Votes

No votes yet

Join the discussion to cast yours

Question 3 of 85

A privately held company plans to issue 1 million shares of stock. An underwriting syndicate has agreed to purchase all of the stock, and the syndicate members will, in turn, sell the stock to their customers. After the offering, the stock will trade on an exchange. Which of the following terms best describes the type of offering in which this company is engaging?
Answer

Suggested Answer

The suggested answer is D.

Community Votes

No votes yet

Join the discussion to cast yours

Question 4 of 85

Which of the following responses is characteristic of a Coverdell education savings account (ESA)?
Answer

Suggested Answer

The suggested answer is D.

Community Votes

No votes yet

Join the discussion to cast yours

Question 5 of 85

An individual passes the Securities Industry Essentials (SIE) Exam and is hired by a broker-dealer (BD) as a sales assistant. Prior to taking a qualification exam, which of the following functions is she permitted to perform at the BD?
Answer

Suggested Answer

The suggested answer is C.

Community Votes

No votes yet

Join the discussion to cast yours

About the FINRA SIE Certification Exam

About the Exam

The FINRA SIE (Securities Industry Essentials) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 85 practice questions across 17 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our SIE questions are regularly updated to reflect the latest exam objectives.