Securities Industry Essentials (SIE) Exam — Information & Free Practice
US · Examination information
200 free questions · Answer explanations · No signup required
Securities Industry Essentials (SIE) Exam
- Provider
- FINRA
- Format
- Multiple choice
- Exam questions
- Total questions: 80; Scored questions: 75; Unscored questions: 5; The total includes the scored and unscored questions.
- Time limit
- 1 hour and 45 minutes
Examination outline
Knowledge of Capital Markets (16%)
- Regulatory Entities, Agencies and Market Participants
- Market Structure
- Economic Factors
- Offerings
Understanding Products and Their Risks (44%)
- Products
- Investment Risks
Understanding Trading, Customer Accounts and Prohibited Activities (31%)
- Trading, Settlement and Corporate Actions
- Customer Accounts and Compliance Considerations
- Prohibited Activities
Overview of the Regulatory Framework (9%)
- SRO Regulatory Requirements for Associated Persons
- Employee Conduct and Reportable Events
Examination sources
- FINRA SIE exam page
Content Outline
- FINRA SIE content outline
pages 1-15, complete content outline
- FINRA SIE content outline
page 2, Structure and Administration of the Exam
- FINRA SIE content outline
page 2, Administration of the Exam
- FINRA SIE exam page
Overview
Related license preparation
This examination may be required or accepted as an alternative, depending on the license and application pathway.