Tag Archives: FINRA

Getting Started in the Securities Industry: Preparing for the SIE Exam

By | October 2, 2018

Step 1 – The Securities Industry Essentials (SIE) Exam Beginning October 1, 2018, those looking to become registered as a securities industry professional will have to pass the FINRA Securities Industry Essentials examination (SIE). Any individual age 18 or older is eligible to take the SIE exam. There is no requirement to be sponsored by a broker-dealer. The… Read More »

Securities Industry Essentials (SIE) Exam Basics

By | September 28, 2018

What is the Securities Industry Essentials exam (SIE)? The FINRA Securities Industry Essentials examination (SIE) is an introductory-level exam that tests candidate’s knowledge on basic securities industry concepts. Effective October 1, 2018, the SIE exam is a corequisite to all representative-level exams, which have been revised by FINRA. Candidates must pass the SIE along with a representative-level exam,… Read More »

Securities Industry Essentials for Universities

The Securities Industry Essentials (SIE) Exam is being implemented as an entry-level exam testing knowledge of basic industry concepts. The exam will focus on four main areas: Knowledge of Capital Markets Understanding Products and their Risks Understanding Trading, Customer Accounts and Prohibited Activities, and Overview of the Regulatory Framework Examples of topics include: the basic characteristics of investment… Read More »

Overview of SILA Foundation’s webinar, “FINRA Speaks”

By | March 23, 2018

  The Securities & Insurance Licensing Association (SILA) Foundation hosted an educational webinar led by Joe McDonald, the Senior Director of Testing and Continuing Education for the Financial Industry Regulatory Authority (FINRA). McDonald discussed the forthcoming updates to FINRA’s qualification exam program, namely the structure of the new Securities Industry Essentials (SIE) exam and the revisions made to… Read More »

Series 6 Exam Restructure: Everything You Need to Know

By | February 13, 2018

Beginning October 1, 2018, prospective securities industry professionals looking to become registered with a firm at the representative level will be required to pass the new Securities Industry Essentials (SIE) exam in addition to a revised representative-level qualification exam. These exams are considered “corequisites” in meeting the exam requirement and obtaining a registration. This means there is no… Read More »

Series 7 Exam Restructure: Everything You Need to Know

By | February 13, 2018

Beginning October 1, 2018, prospective securities industry professionals looking to become registered with a firm at the representative level will be required to pass the new Securities Industry Essentials (SIE) exam in addition to a revised representative-level qualification exam. These exams are considered “corequisites” in meeting the exam requirement and obtaining a registration. This means there is no… Read More »

The Ultimate Guide to the Securities Industry Essentials (SIE) Exam

By | January 24, 2018

Beginning on October 1, 2018, those looking to become registered as a securities industry professional will have to pass the Securities Industry Essentials (SIE) exam and a FINRA representative-level qualification “top-off” exam. What information does the SIE cover? FINRA released the new Securities Industry Essentials exam outline on January 12, 2018. This is an introductory-level exam that will… Read More »

The Securities Industry Essentials Exam (SIE)

By | October 3, 2017

It is certainly not “breaking news” that FINRA (Financial Industry Regulatory Authority) will introduce a securities industry general knowledge exam to streamline the qualification exam structure for individuals entering the securities industry. Currently, an individual interested in working in the securities industry as a registered representative must be associated with a FINRA regulated broker-dealer firm and he or… Read More »