{"schemaVersion":1,"generatedAt":"2026-08-03T03:35:57.644Z","reports":[{"schemaVersion":1,"generatedAt":"2026-08-03T03:35:57.645Z","bankUpdatedOn":"2026-07-03","exam":{"slug":"sie","shortName":"SIE"},"officialOutlineUrl":"https://www.finra.org/registration-exams-ce/qualification-exams/securities-industry-essentials-exam","officialAuthority":"FINRA","publicBankQuestions":1867,"checkedInBankQuestions":1906,"sections":[{"section":1,"name":"Knowledge of Capital Markets","drillPath":"/questions/sie","publicQuestionCount":304,"shareOfPublicBankPct":16.3,"topics":[{"name":"Order Types","publicQuestionCount":7},{"name":"Insider Trading","publicQuestionCount":5},{"name":"Regulation A+","publicQuestionCount":5},{"name":"Fiduciary Duty","publicQuestionCount":4},{"name":"Front-Running","publicQuestionCount":4},{"name":"Investment Company Act of 1940","publicQuestionCount":4},{"name":"Investment Company Act of 1940 - UITs","publicQuestionCount":4},{"name":"Market Manipulation","publicQuestionCount":4},{"name":"Municipal Bonds","publicQuestionCount":4},{"name":"Regulation S","publicQuestionCount":4},{"name":"Account Types","publicQuestionCount":3},{"name":"Economic Indicators - CPI","publicQuestionCount":3},{"name":"FINRA Rules","publicQuestionCount":3},{"name":"Margin Requirements - Maintenance","publicQuestionCount":3},{"name":"MSRB Rules","publicQuestionCount":3},{"name":"Municipal Bonds - Taxation","publicQuestionCount":3},{"name":"Options - Intrinsic Value","publicQuestionCount":3},{"name":"Options - Strategies","publicQuestionCount":3},{"name":"Securities Act of 1933 - Exempt Securities","publicQuestionCount":3},{"name":"Account Types - Custodial Accounts","publicQuestionCount":2},{"name":"Account Types - Retirement Accounts","publicQuestionCount":2},{"name":"Options - Time Value","publicQuestionCount":2},{"name":"Order Types - Stop-Limit Orders","publicQuestionCount":2},{"name":"Regulation D","publicQuestionCount":2},{"name":"Securities Act of 1933 - Exempt Transactions","publicQuestionCount":2},{"name":"Securities Exchange Act of 1934","publicQuestionCount":2},{"name":"Securities Exchange Act of 1934 - Exchanges","publicQuestionCount":2},{"name":"Securities Exchange Act of 1934 - Reporting","publicQuestionCount":2},{"name":"Suitability","publicQuestionCount":2},{"name":"Account Types - Custodial","publicQuestionCount":1},{"name":"Account Types - Margin vs Cash","publicQuestionCount":1},{"name":"Account Types - Options Account","publicQuestionCount":1},{"name":"Account Types – Custodial/UGMA Accounts","publicQuestionCount":1},{"name":"Account Types: Options","publicQuestionCount":1},{"name":"Accredited Investor","publicQuestionCount":1},{"name":"Agent vs. Principal","publicQuestionCount":1},{"name":"All-or-None Underwriting","publicQuestionCount":1},{"name":"Auction Market vs. Dealer Market","publicQuestionCount":1},{"name":"Best Efforts Underwriting","publicQuestionCount":1},{"name":"Best Execution","publicQuestionCount":1},{"name":"Best Execution - Factors Considered","publicQuestionCount":1},{"name":"Best Interest - Broker-Dealer Obligations","publicQuestionCount":1},{"name":"Best Interest and Suitability","publicQuestionCount":1},{"name":"Best Interest Standard","publicQuestionCount":1},{"name":"Bid-Ask Spread","publicQuestionCount":1},{"name":"Broker-Dealer Registration","publicQuestionCount":1},{"name":"Broker-Dealer vs. Investment Adviser","publicQuestionCount":1},{"name":"Broker-Dealers vs. Investment Advisers","publicQuestionCount":1},{"name":"Business Cycle Phases","publicQuestionCount":1},{"name":"Cash vs. Margin Accounts","publicQuestionCount":1},{"name":"Clearing and Settlement","publicQuestionCount":1},{"name":"Closed-End Funds","publicQuestionCount":1},{"name":"Coincident Indicators","publicQuestionCount":1},{"name":"Contractionary Fiscal Policy","publicQuestionCount":1},{"name":"Cooling-Off Period","publicQuestionCount":1},{"name":"CPI and Inflation Measurement","publicQuestionCount":1},{"name":"Custodian Role","publicQuestionCount":1},{"name":"Dark Pools","publicQuestionCount":1},{"name":"Discount Rate","publicQuestionCount":1},{"name":"Economic Indicators","publicQuestionCount":1},{"name":"Economic Indicators - GDP","publicQuestionCount":1},{"name":"Economic Indicators - PPI","publicQuestionCount":1},{"name":"Economic Indicators - Stagflation","publicQuestionCount":1},{"name":"Economic Indicators - Unemployment Rate","publicQuestionCount":1},{"name":"Economic Indicators - Yield Curve","publicQuestionCount":1},{"name":"Economic Indicators - Yield Curves","publicQuestionCount":1},{"name":"Economic Indicators – GDP","publicQuestionCount":1},{"name":"Economic Indicators – Yield Curve","publicQuestionCount":1},{"name":"Economic Indicators—GDP","publicQuestionCount":1},{"name":"Economic Indicators—Yield Curve","publicQuestionCount":1},{"name":"Exchange Act of 1934 - Broker-Dealer Registration","publicQuestionCount":1},{"name":"Exchange and Over-the-Counter Markets","publicQuestionCount":1},{"name":"Exchange Listing Requirements","publicQuestionCount":1},{"name":"Exchange vs. OTC","publicQuestionCount":1},{"name":"Exempt Securities","publicQuestionCount":1},{"name":"Expansionary Monetary Policy","publicQuestionCount":1},{"name":"FDIC Coverage","publicQuestionCount":1},{"name":"FDIC vs. SIPC","publicQuestionCount":1},{"name":"Federal Funds Rate","publicQuestionCount":1},{"name":"Federal Reserve Tools","publicQuestionCount":1},{"name":"Fiduciary Duty - Conflict of Interest","publicQuestionCount":1},{"name":"Fiduciary Duty - Suitability","publicQuestionCount":1},{"name":"Fiduciary Duty and Suitability","publicQuestionCount":1},{"name":"FINRA - Best Execution","publicQuestionCount":1},{"name":"FINRA - Disciplinary Actions","publicQuestionCount":1},{"name":"FINRA - Self-Regulatory Organization","publicQuestionCount":1},{"name":"FINRA - Statutory Disqualification","publicQuestionCount":1},{"name":"FINRA and MSRB Rules","publicQuestionCount":1},{"name":"FINRA Membership","publicQuestionCount":1},{"name":"FINRA Regulatory Functions","publicQuestionCount":1},{"name":"FINRA Rules - Best Interest","publicQuestionCount":1},{"name":"FINRA Rules - Communications","publicQuestionCount":1},{"name":"FINRA Rules - Supervisory Procedures","publicQuestionCount":1},{"name":"Firm Commitment Underwriting","publicQuestionCount":1},{"name":"FOMC","publicQuestionCount":1},{"name":"Fourth Market","publicQuestionCount":1},{"name":"Front-running","publicQuestionCount":1},{"name":"Front-Running - Penalties","publicQuestionCount":1},{"name":"GDP","publicQuestionCount":1},{"name":"Initial Public Offering","publicQuestionCount":1},{"name":"Insider Trading - SEC Penalties","publicQuestionCount":1},{"name":"Insider Trading - Tipper/Tippee","publicQuestionCount":1},{"name":"Insider Trading - Tippers and Tippees","publicQuestionCount":1},{"name":"Interest Rates and Bond Prices","publicQuestionCount":1},{"name":"Investment Companies - Closed-End vs Open-End","publicQuestionCount":1},{"name":"Investment Companies - UITs","publicQuestionCount":1},{"name":"Investment Company Act - Board Requirements","publicQuestionCount":1},{"name":"Investment Company Act - Closed-End Funds","publicQuestionCount":1},{"name":"Investment Company Act of 1940 - Closed-End Funds","publicQuestionCount":1},{"name":"Investment Company Act of 1940 - Mutual Funds","publicQuestionCount":1},{"name":"Investment Company Act of 1940 - Registration","publicQuestionCount":1},{"name":"Investment Company Act: UITs","publicQuestionCount":1},{"name":"Lagging Indicators","publicQuestionCount":1},{"name":"Leading Economic Indicators","publicQuestionCount":1},{"name":"Margin Accounts - Maintenance Requirement","publicQuestionCount":1},{"name":"Margin Accounts - Regulation T","publicQuestionCount":1},{"name":"Margin Maintenance","publicQuestionCount":1},{"name":"Margin Requirements - Reg T","publicQuestionCount":1},{"name":"Margin Requirements - Regulation T","publicQuestionCount":1},{"name":"Margin Requirements – Reg T","publicQuestionCount":1},{"name":"Margin Requirements (Reg T)","publicQuestionCount":1},{"name":"Market Manipulation - Front-Running","publicQuestionCount":1},{"name":"Market Manipulation - Pump and Dump","publicQuestionCount":1},{"name":"Market Participants - Institutional Investors","publicQuestionCount":1},{"name":"Market Participants - Market Makers","publicQuestionCount":1},{"name":"Market Participants — Market Maker","publicQuestionCount":1},{"name":"Monetary vs. Fiscal Policy","publicQuestionCount":1},{"name":"MSRB - Political Contributions","publicQuestionCount":1},{"name":"MSRB Enforcement","publicQuestionCount":1},{"name":"MSRB Role","publicQuestionCount":1},{"name":"MSRB Rules - Enforcement","publicQuestionCount":1},{"name":"MSRB Rules—Municipal Securities","publicQuestionCount":1},{"name":"Municipal Bond Suitability","publicQuestionCount":1},{"name":"Municipal Bonds - MSRB","publicQuestionCount":1},{"name":"Municipal Bonds - MSRB Enforcement","publicQuestionCount":1},{"name":"Municipal Bonds - Regulation","publicQuestionCount":1},{"name":"Municipal Bonds - Suitability","publicQuestionCount":1},{"name":"Mutual Funds","publicQuestionCount":1},{"name":"Mutual Funds - Prospectus","publicQuestionCount":1},{"name":"Nasdaq Structure","publicQuestionCount":1},{"name":"Options - Call and Put Basics","publicQuestionCount":1},{"name":"Options - Calls and Puts","publicQuestionCount":1},{"name":"Options - Covered Call","publicQuestionCount":1},{"name":"Options - Fiduciary Use","publicQuestionCount":1},{"name":"Options - Naked Calls","publicQuestionCount":1},{"name":"Options - Put Option","publicQuestionCount":1},{"name":"Options - Put Writing","publicQuestionCount":1},{"name":"Options - Puts","publicQuestionCount":1},{"name":"Options - Straddles","publicQuestionCount":1},{"name":"Options – Time and Intrinsic Value","publicQuestionCount":1},{"name":"Options Strategies","publicQuestionCount":1},{"name":"Options—Call and Put Basics","publicQuestionCount":1},{"name":"Options—Intrinsic vs. Time Value","publicQuestionCount":1},{"name":"Options—Put Writing","publicQuestionCount":1},{"name":"Options—Time Value","publicQuestionCount":1},{"name":"Options: Intrinsic and Time Value","publicQuestionCount":1},{"name":"Order Types - Fill-or-Kill","publicQuestionCount":1},{"name":"Order Types - Good-til-Canceled","publicQuestionCount":1},{"name":"Order Types - Limit Order","publicQuestionCount":1},{"name":"Order Types - Limit Orders","publicQuestionCount":1},{"name":"Order Types - Market and Limit","publicQuestionCount":1},{"name":"Order Types - Stop Orders","publicQuestionCount":1},{"name":"Order Types - Stop vs. Limit","publicQuestionCount":1},{"name":"Order Types - Stop-Limit","publicQuestionCount":1},{"name":"Order Types - Stop-Limit Risks","publicQuestionCount":1},{"name":"Order Types—Limit Orders","publicQuestionCount":1},{"name":"OTC Market Structure","publicQuestionCount":1},{"name":"Primary Market","publicQuestionCount":1},{"name":"Primary Market Proceeds","publicQuestionCount":1},{"name":"Primary vs. Secondary Market","publicQuestionCount":1},{"name":"Prospectus","publicQuestionCount":1},{"name":"Prospectus Delivery","publicQuestionCount":1},{"name":"Prospectus Requirement","publicQuestionCount":1},{"name":"Reg D - Accredited Investor","publicQuestionCount":1},{"name":"Reg D - Private Offerings","publicQuestionCount":1},{"name":"Registered Investment Company","publicQuestionCount":1},{"name":"Registration Statement","publicQuestionCount":1},{"name":"Regulation A+ - Offerings","publicQuestionCount":1},{"name":"Regulation D - Accredited Investors","publicQuestionCount":1},{"name":"Regulation D - Private Placements","publicQuestionCount":1},{"name":"Regulation D – Private Placements","publicQuestionCount":1},{"name":"Regulation D — Private Placements","publicQuestionCount":1},{"name":"Regulation S - Offshore Offerings","publicQuestionCount":1},{"name":"Regulation T","publicQuestionCount":1},{"name":"Reserve Requirements","publicQuestionCount":1},{"name":"Retirement Accounts","publicQuestionCount":1},{"name":"Rule 144 — Restricted Securities","publicQuestionCount":1},{"name":"SEC - Enforcement Actions","publicQuestionCount":1},{"name":"SEC - Insider Trading","publicQuestionCount":1},{"name":"SEC - Market Regulation","publicQuestionCount":1},{"name":"SEC - Reporting Requirements","publicQuestionCount":1},{"name":"SEC Regulation A+","publicQuestionCount":1},{"name":"SEC Regulation D","publicQuestionCount":1},{"name":"SEC Role and Authority","publicQuestionCount":1},{"name":"SEC Rulemaking Authority","publicQuestionCount":1},{"name":"SEC Rules","publicQuestionCount":1},{"name":"Secondary Market","publicQuestionCount":1},{"name":"Securities Act of 1933","publicQuestionCount":1},{"name":"Securities Act of 1933 - Prospectus","publicQuestionCount":1},{"name":"Securities Act of 1933 - Registration","publicQuestionCount":1},{"name":"Securities Act of 1933 - Registration Process","publicQuestionCount":1},{"name":"Securities Act of 1933 – Prospectus","publicQuestionCount":1},{"name":"Securities Act: Exempt Securities","publicQuestionCount":1},{"name":"Securities Act: Prospectus Delivery","publicQuestionCount":1},{"name":"Securities Exchange Act of 1934 - Broker-Dealer Registration","publicQuestionCount":1},{"name":"Securities Exchange Act of 1934 - Insider Trading","publicQuestionCount":1},{"name":"Securities Exchange Act of 1934 - Reporting Companies","publicQuestionCount":1},{"name":"Securities Exchange Act of 1934 - Reporting Requirements","publicQuestionCount":1},{"name":"Securities Exchange Act of 1934 - Self-Regulatory Organizations","publicQuestionCount":1},{"name":"Securities Exchange Act: Reporting","publicQuestionCount":1},{"name":"Securities Regulations - Multi-Act Coverage","publicQuestionCount":1},{"name":"Self-Regulatory Organizations","publicQuestionCount":1},{"name":"Settlement Cycles","publicQuestionCount":1},{"name":"Shelf Registration — Rule 415","publicQuestionCount":1},{"name":"SIPC - Broker Protection","publicQuestionCount":1},{"name":"SIPC Coverage Limits","publicQuestionCount":1},{"name":"SIPC Protection","publicQuestionCount":1},{"name":"SRO Structure","publicQuestionCount":1},{"name":"Stagflation","publicQuestionCount":1},{"name":"STOP and STOP-LIMIT Orders","publicQuestionCount":1},{"name":"Suitability and Best Interest","publicQuestionCount":1},{"name":"Syndicate","publicQuestionCount":1},{"name":"T-Bills","publicQuestionCount":1},{"name":"T-Bills - Characteristics","publicQuestionCount":1},{"name":"T-Bills vs T-Bonds","publicQuestionCount":1},{"name":"T-bills, T-notes, T-bonds","publicQuestionCount":1},{"name":"T-Bills, T-Notes, T-Bonds, TIPS","publicQuestionCount":1},{"name":"T-Notes and T-Bonds - Characteristics","publicQuestionCount":1},{"name":"TIPS - Inflation Protection","publicQuestionCount":1},{"name":"TIPS (Treasury Inflation-Protected Securities)","publicQuestionCount":1},{"name":"Tombstone Ad","publicQuestionCount":1},{"name":"Transfer Agent","publicQuestionCount":1},{"name":"Treasury Securities","publicQuestionCount":1},{"name":"Treasury Securities - TIPS","publicQuestionCount":1},{"name":"Types of Accounts - Cash vs. Margin","publicQuestionCount":1},{"name":"Types of Market Participants","publicQuestionCount":1},{"name":"Types of Orders","publicQuestionCount":1},{"name":"Underwriter Spread","publicQuestionCount":1},{"name":"Yield Curve","publicQuestionCount":1},{"name":"Yield Curve - Economic Indicator","publicQuestionCount":1},{"name":"Yield Curves","publicQuestionCount":1}],"observedDifficulty":null},{"section":2,"name":"Understanding Products and Their Risks","drillPath":"/questions/sie","publicQuestionCount":818,"shareOfPublicBankPct":43.8,"topics":[{"name":"ETFs","publicQuestionCount":15},{"name":"REITs","publicQuestionCount":13},{"name":"CMOs","publicQuestionCount":12},{"name":"UITs","publicQuestionCount":12},{"name":"Hedge Funds","publicQuestionCount":10},{"name":"Straddles","publicQuestionCount":10},{"name":"Warrants","publicQuestionCount":10},{"name":"Bond Ratings","publicQuestionCount":9},{"name":"Closed-End Funds","publicQuestionCount":9},{"name":"Common Stock","publicQuestionCount":9},{"name":"Max gain/loss calculations","publicQuestionCount":9},{"name":"Stock Splits","publicQuestionCount":9},{"name":"Dividends","publicQuestionCount":8},{"name":"Mortgage-Backed Securities","publicQuestionCount":8},{"name":"Preferred Stock","publicQuestionCount":8},{"name":"Time value","publicQuestionCount":8},{"name":"Variable Annuities","publicQuestionCount":8},{"name":"529 Plans","publicQuestionCount":7},{"name":"Agency Bonds","publicQuestionCount":7},{"name":"Book Value","publicQuestionCount":7},{"name":"Breakeven points","publicQuestionCount":7},{"name":"Call options","publicQuestionCount":7},{"name":"Covered calls","publicQuestionCount":7},{"name":"Duration","publicQuestionCount":7},{"name":"Greeks basics","publicQuestionCount":7},{"name":"Intrinsic value","publicQuestionCount":7},{"name":"Option premiums","publicQuestionCount":7},{"name":"Options expiration","publicQuestionCount":7},{"name":"P/E Ratio","publicQuestionCount":7},{"name":"Private Equity","publicQuestionCount":7},{"name":"Protective puts","publicQuestionCount":7},{"name":"Put options","publicQuestionCount":7},{"name":"Rights","publicQuestionCount":7},{"name":"Voting Rights","publicQuestionCount":7},{"name":"ADRs","publicQuestionCount":6},{"name":"Convertible Bonds","publicQuestionCount":6},{"name":"Spreads","publicQuestionCount":6},{"name":"Treasury securities","publicQuestionCount":6},{"name":"Treasury Stock","publicQuestionCount":6},{"name":"Zero-Coupon Bonds","publicQuestionCount":6},{"name":"Accrued Interest","publicQuestionCount":5},{"name":"Bond ratings","publicQuestionCount":5},{"name":"Corporate Bonds","publicQuestionCount":5},{"name":"Credit/default risk","publicQuestionCount":5},{"name":"Currency/exchange rate risk","publicQuestionCount":5},{"name":"Exercise/Assignment","publicQuestionCount":5},{"name":"Inflation/purchasing power risk","publicQuestionCount":5},{"name":"Interest rate risk","publicQuestionCount":5},{"name":"Liquidity risk","publicQuestionCount":5},{"name":"Market Cap","publicQuestionCount":5},{"name":"Political/legislative risk","publicQuestionCount":5},{"name":"Preemptive Rights","publicQuestionCount":5},{"name":"Systematic vs unsystematic risk","publicQuestionCount":5},{"name":"Business risk","publicQuestionCount":4},{"name":"Call risk","publicQuestionCount":4},{"name":"Callable Bonds","publicQuestionCount":4},{"name":"Concentration risk","publicQuestionCount":4},{"name":"Convertible Preferred Stock","publicQuestionCount":4},{"name":"Exercise/assignment","publicQuestionCount":4},{"name":"Financial risk","publicQuestionCount":4},{"name":"Long/short positions","publicQuestionCount":4},{"name":"Market risk","publicQuestionCount":4},{"name":"Mutual Fund Share Classes","publicQuestionCount":4},{"name":"Mutual Funds","publicQuestionCount":4},{"name":"Mutual Funds - Breakpoints","publicQuestionCount":4},{"name":"Preferred Stock - Convertible","publicQuestionCount":4},{"name":"Prepayment risk","publicQuestionCount":4},{"name":"Putable Bonds","publicQuestionCount":4},{"name":"Reinvestment risk","publicQuestionCount":4},{"name":"Accrued interest","publicQuestionCount":3},{"name":"ADR Risks","publicQuestionCount":3},{"name":"Callable bonds","publicQuestionCount":3},{"name":"Callable/Putable Bonds","publicQuestionCount":3},{"name":"Convertible bonds","publicQuestionCount":3},{"name":"Duration and Convexity","publicQuestionCount":3},{"name":"In/At/Out of the money","publicQuestionCount":3},{"name":"In/Out/At the money","publicQuestionCount":3},{"name":"Municipal bonds","publicQuestionCount":3},{"name":"Municipal Bonds - GO vs. Revenue","publicQuestionCount":3},{"name":"Mutual Funds - 12b-1 Fees","publicQuestionCount":3},{"name":"Open-End Mutual Funds","publicQuestionCount":3},{"name":"Preferred Stock - Callable","publicQuestionCount":3},{"name":"Puttable bonds","publicQuestionCount":3},{"name":"Treasury Securities","publicQuestionCount":3},{"name":"Treasury Securities - STRIPS","publicQuestionCount":3},{"name":"Yield Calculations","publicQuestionCount":3},{"name":"Yield Calculations - Current Yield","publicQuestionCount":3},{"name":"Zero-coupon bonds","publicQuestionCount":3},{"name":"Agency bonds","publicQuestionCount":2},{"name":"Breakpoints","publicQuestionCount":2},{"name":"Callable Preferred Stock","publicQuestionCount":2},{"name":"ETFs - Intraday Trading","publicQuestionCount":2},{"name":"LOI/ROA","publicQuestionCount":2},{"name":"Long/Short positions","publicQuestionCount":2},{"name":"Max gain/loss","publicQuestionCount":2},{"name":"Mortgage-backed securities","publicQuestionCount":2},{"name":"Municipal Bonds - Revenue Bonds","publicQuestionCount":2},{"name":"Mutual Funds - Letters of Intent","publicQuestionCount":2},{"name":"Participating Preferred Stock","publicQuestionCount":2},{"name":"Preferred Stock - Participating","publicQuestionCount":2},{"name":"Rights vs Warrants","publicQuestionCount":2},{"name":"Spreads - bull/bear, debit/credit","publicQuestionCount":2},{"name":"TIPS","publicQuestionCount":2},{"name":"Treasury Securities - T-bills","publicQuestionCount":2},{"name":"Treasury Securities - T-Bills","publicQuestionCount":2},{"name":"Treasury Securities - T-notes","publicQuestionCount":2},{"name":"Treasury Securities - TIPS","publicQuestionCount":2},{"name":"Yield calculations","publicQuestionCount":2},{"name":"Yield Calculations - YTC","publicQuestionCount":2},{"name":"Yield to call","publicQuestionCount":2},{"name":"Yield to maturity","publicQuestionCount":2},{"name":"12b-1 Fees","publicQuestionCount":1},{"name":"529 Plans - Control","publicQuestionCount":1},{"name":"529 Plans - Tax Treatment","publicQuestionCount":1},{"name":"529 Plans — Account Control","publicQuestionCount":1},{"name":"529 Plans — Gift Tax Benefits","publicQuestionCount":1},{"name":"529 Plans — Non-Qualified Withdrawal","publicQuestionCount":1},{"name":"529 Plans — Overview","publicQuestionCount":1},{"name":"529 Plans — Prepaid vs Savings","publicQuestionCount":1},{"name":"529 Plans — Tax Treatment","publicQuestionCount":1},{"name":"ABLE Accounts","publicQuestionCount":1},{"name":"ABLE Accounts — Contribution Limits","publicQuestionCount":1},{"name":"ADR","publicQuestionCount":1},{"name":"ADR — Sponsored vs Unsponsored","publicQuestionCount":1},{"name":"Agency Bonds — GNMA","publicQuestionCount":1},{"name":"Agency Securities — Federal Home Loan Banks","publicQuestionCount":1},{"name":"American Depositary Receipts (ADRs)","publicQuestionCount":1},{"name":"Assignment/Exercise","publicQuestionCount":1},{"name":"Bear spread","publicQuestionCount":1},{"name":"Bond Duration and Interest Rate Risk","publicQuestionCount":1},{"name":"Bond Price — Premium vs Discount","publicQuestionCount":1},{"name":"Bond Pricing — Interest Rate Relationship","publicQuestionCount":1},{"name":"Bonds — Accrued Interest","publicQuestionCount":1},{"name":"Bonds — Reinvestment Risk","publicQuestionCount":1},{"name":"Bonds — Sinking Fund","publicQuestionCount":1},{"name":"Bonds — Yield Curve","publicQuestionCount":1},{"name":"Breakeven point","publicQuestionCount":1},{"name":"Bull spread","publicQuestionCount":1},{"name":"Call risk/Prepayment risk","publicQuestionCount":1},{"name":"Callable and Putable Bonds","publicQuestionCount":1},{"name":"Closed-end Funds","publicQuestionCount":1},{"name":"Closed-end Funds - Premiums","publicQuestionCount":1},{"name":"Closed-end Funds - Pricing","publicQuestionCount":1},{"name":"Closed-end Funds - Share Issuance","publicQuestionCount":1},{"name":"Closed-end Funds - Trading","publicQuestionCount":1},{"name":"Closed-End Funds — Premium and Discount","publicQuestionCount":1},{"name":"CMOs — Collateralized Mortgage Obligations","publicQuestionCount":1},{"name":"Common Stock — Anti-dilution","publicQuestionCount":1},{"name":"Common Stock — Dividends","publicQuestionCount":1},{"name":"Common Stock — Ex-Dividend Date","publicQuestionCount":1},{"name":"Common Stock — Preemptive Rights","publicQuestionCount":1},{"name":"Common Stock — Statutory Voting vs Cumulative Voting","publicQuestionCount":1},{"name":"Common Stock — Stock Splits","publicQuestionCount":1},{"name":"Common Stock — Voting Rights","publicQuestionCount":1},{"name":"Common Stock vs Preferred","publicQuestionCount":1},{"name":"Convexity","publicQuestionCount":1},{"name":"Corporate bonds","publicQuestionCount":1},{"name":"Corporate Bonds — Convertible","publicQuestionCount":1},{"name":"Corporate Bonds — Convertible Bond Parity","publicQuestionCount":1},{"name":"Corporate Bonds — Secured Types","publicQuestionCount":1},{"name":"Corporate Bonds — Secured vs Unsecured","publicQuestionCount":1},{"name":"Corporate Bonds — Subordinated Debentures","publicQuestionCount":1},{"name":"Credit (Default) Risk","publicQuestionCount":1},{"name":"Credit Ratings","publicQuestionCount":1},{"name":"Cumulative Preferred Stock","publicQuestionCount":1},{"name":"Currency (Exchange Rate) Risk","publicQuestionCount":1},{"name":"Current yield","publicQuestionCount":1},{"name":"Current Yield","publicQuestionCount":1},{"name":"Debit/credit spreads","publicQuestionCount":1},{"name":"Dividend Dates","publicQuestionCount":1},{"name":"DPPs — Flow-Through Taxation","publicQuestionCount":1},{"name":"DPPs — General Partner Role","publicQuestionCount":1},{"name":"DPPs — Illiquidity","publicQuestionCount":1},{"name":"DPPs — Limited Partnerships","publicQuestionCount":1},{"name":"DPPs — Passive Activity Loss Rules","publicQuestionCount":1},{"name":"DPPs — Subscription Agreement","publicQuestionCount":1},{"name":"DPPs — Types of Programs","publicQuestionCount":1},{"name":"Equity — Treasury Stock","publicQuestionCount":1},{"name":"Equity Securities — Market Capitalization","publicQuestionCount":1},{"name":"ETF Risks","publicQuestionCount":1},{"name":"ETF vs Mutual Fund","publicQuestionCount":1},{"name":"ETFs - Redemption","publicQuestionCount":1},{"name":"ETFs - Redemption Process","publicQuestionCount":1},{"name":"ETFs - Tax Efficiency","publicQuestionCount":1},{"name":"ETFs — Creation/Redemption","publicQuestionCount":1},{"name":"ETFs — Overview","publicQuestionCount":1},{"name":"ETFs — Premium and Discount to NAV","publicQuestionCount":1},{"name":"ETFs — Tax Efficiency","publicQuestionCount":1},{"name":"ETFs — Tracking Error","publicQuestionCount":1},{"name":"ETFs vs Mutual Funds","publicQuestionCount":1},{"name":"ETFs vs Mutual Funds - Redemption","publicQuestionCount":1},{"name":"ETNs — Credit Risk","publicQuestionCount":1},{"name":"ETNs — Overview","publicQuestionCount":1},{"name":"Front-End/Back-End Loads","publicQuestionCount":1},{"name":"Hedge Funds - Strategies","publicQuestionCount":1},{"name":"Hedge Funds — Accredited Investors","publicQuestionCount":1},{"name":"Hedge Funds — Fee Structure","publicQuestionCount":1},{"name":"Hedge Funds — High Minimums","publicQuestionCount":1},{"name":"Hedge Funds — Lock-Up Periods","publicQuestionCount":1},{"name":"Hedge Funds — Regulation","publicQuestionCount":1},{"name":"Hedge Funds — Risks","publicQuestionCount":1},{"name":"Hedge Funds — Strategies","publicQuestionCount":1},{"name":"Hedge Funds vs Mutual Funds - Disclosure","publicQuestionCount":1},{"name":"Hedging with Options","publicQuestionCount":1},{"name":"In/out/at the money","publicQuestionCount":1},{"name":"Inflation (Purchasing Power) Risk","publicQuestionCount":1},{"name":"Interest Rate Risk","publicQuestionCount":1},{"name":"Leveraged and Inverse ETFs","publicQuestionCount":1},{"name":"LGIPs","publicQuestionCount":1},{"name":"Liquidation Priority","publicQuestionCount":1},{"name":"Liquidity Risk","publicQuestionCount":1},{"name":"Market Capitalization","publicQuestionCount":1},{"name":"Money Market — Banker's Acceptances","publicQuestionCount":1},{"name":"Money Market — Commercial Paper","publicQuestionCount":1},{"name":"Money Market Instruments","publicQuestionCount":1},{"name":"Mortgage-Backed Securities and CMOs","publicQuestionCount":1},{"name":"Municipal Bonds","publicQuestionCount":1},{"name":"Municipal Bonds - GO Bonds","publicQuestionCount":1},{"name":"Municipal Bonds - GO vs Revenue","publicQuestionCount":1},{"name":"Municipal Bonds - Tax Considerations","publicQuestionCount":1},{"name":"Municipal Bonds — Build America Bonds","publicQuestionCount":1},{"name":"Municipal Bonds — GO vs Revenue","publicQuestionCount":1},{"name":"Municipal Bonds — Industrial Development Revenue Bonds","publicQuestionCount":1},{"name":"Municipal Bonds — Insured Bonds","publicQuestionCount":1},{"name":"Municipal Bonds — Tax Treatment","publicQuestionCount":1},{"name":"Municipal Bonds — Taxable Equivalent Yield","publicQuestionCount":1},{"name":"Municipal Bonds (GO vs Revenue)","publicQuestionCount":1},{"name":"Municipal Fund Securities — Registration","publicQuestionCount":1},{"name":"Municipal Revenue Bonds","publicQuestionCount":1},{"name":"Mutual Fund Fees","publicQuestionCount":1},{"name":"Mutual Fund Pricing","publicQuestionCount":1},{"name":"Mutual Funds - Back-End Load","publicQuestionCount":1},{"name":"Mutual Funds - Exchange Privileges","publicQuestionCount":1},{"name":"Mutual Funds - Expense Ratios","publicQuestionCount":1},{"name":"Mutual Funds - Letter of Intent","publicQuestionCount":1},{"name":"Mutual Funds - Loads","publicQuestionCount":1},{"name":"Mutual Funds - NAV","publicQuestionCount":1},{"name":"Mutual Funds - Pricing","publicQuestionCount":1},{"name":"Mutual Funds - Redemption","publicQuestionCount":1},{"name":"Mutual Funds - Rights of Accumulation","publicQuestionCount":1},{"name":"Mutual Funds - Sales Charges","publicQuestionCount":1},{"name":"Mutual Funds - Share Classes","publicQuestionCount":1},{"name":"Mutual Funds - Shareholder Rights","publicQuestionCount":1},{"name":"Mutual Funds - Suitability","publicQuestionCount":1},{"name":"Mutual Funds - Switching","publicQuestionCount":1},{"name":"Mutual Funds — 12b-1 Fees","publicQuestionCount":1},{"name":"Mutual Funds — Automatic Reinvestment","publicQuestionCount":1},{"name":"Mutual Funds — Breakpoints","publicQuestionCount":1},{"name":"Mutual Funds — Exchange Privilege","publicQuestionCount":1},{"name":"Mutual Funds — Expense Ratio","publicQuestionCount":1},{"name":"Mutual Funds — Letter of Intent","publicQuestionCount":1},{"name":"Mutual Funds — NAV Calculation","publicQuestionCount":1},{"name":"Mutual Funds — Open-End vs Closed-End","publicQuestionCount":1},{"name":"Mutual Funds — Prospectus Delivery","publicQuestionCount":1},{"name":"Mutual Funds — Redemption","publicQuestionCount":1},{"name":"Mutual Funds — Rights of Accumulation","publicQuestionCount":1},{"name":"Mutual Funds — Sales Charge Limits","publicQuestionCount":1},{"name":"Mutual Funds — Share Classes","publicQuestionCount":1},{"name":"Mutual Funds — Types","publicQuestionCount":1},{"name":"Open-end Mutual Funds - Loads","publicQuestionCount":1},{"name":"Open-end Mutual Funds - NAV","publicQuestionCount":1},{"name":"Open-end Mutual Funds - NAV Calculation","publicQuestionCount":1},{"name":"Open-end Mutual Funds - Sales Charges","publicQuestionCount":1},{"name":"Open-end mutual funds (NAV, front-end/back-end loads, 12b-1 fees, breakpoints, LOI, ROA)","publicQuestionCount":1},{"name":"Option expiration","publicQuestionCount":1},{"name":"Options — American vs European Style","publicQuestionCount":1},{"name":"Options — Assignment","publicQuestionCount":1},{"name":"Options — Breakeven Calculation","publicQuestionCount":1},{"name":"Options — Calls vs Puts","publicQuestionCount":1},{"name":"Options — Covered Call","publicQuestionCount":1},{"name":"Options — Covered Call Income Strategy","publicQuestionCount":1},{"name":"Options — Exercise and Settlement","publicQuestionCount":1},{"name":"Options — Expiration Cycle","publicQuestionCount":1},{"name":"Options — Index Options","publicQuestionCount":1},{"name":"Options — Intrinsic Value","publicQuestionCount":1},{"name":"Options — ITM/OTM/ATM","publicQuestionCount":1},{"name":"Options — LEAPS","publicQuestionCount":1},{"name":"Options — Long Call Max Gain/Loss","publicQuestionCount":1},{"name":"Options — Long Put Max Gain/Loss","publicQuestionCount":1},{"name":"Options — OCC Options Disclosure Document","publicQuestionCount":1},{"name":"Options — OCC Role","publicQuestionCount":1},{"name":"Options — Opening and Closing Transactions","publicQuestionCount":1},{"name":"Options — Protective Put","publicQuestionCount":1},{"name":"Options — Protective Put Calculation","publicQuestionCount":1},{"name":"Options — Put Intrinsic Value","publicQuestionCount":1},{"name":"Options — Puts","publicQuestionCount":1},{"name":"Options — Short Call Max Loss","publicQuestionCount":1},{"name":"Options — Short Put","publicQuestionCount":1},{"name":"Options — Straddle","publicQuestionCount":1},{"name":"Options — Time Value","publicQuestionCount":1},{"name":"Political (Legislative) Risk","publicQuestionCount":1},{"name":"Preferred Stock - Cumulative","publicQuestionCount":1},{"name":"Preferred Stock - Features","publicQuestionCount":1},{"name":"Preferred Stock – Convertible","publicQuestionCount":1},{"name":"Preferred Stock – Cumulative","publicQuestionCount":1},{"name":"Preferred Stock – Participating","publicQuestionCount":1},{"name":"Preferred Stock — Adjustable Rate","publicQuestionCount":1},{"name":"Preferred Stock — Callable Feature","publicQuestionCount":1},{"name":"Preferred Stock — Convertible Feature","publicQuestionCount":1},{"name":"Preferred Stock — Cumulative Feature","publicQuestionCount":1},{"name":"Preferred Stock — Features Comparison","publicQuestionCount":1},{"name":"Preferred Stock — Participating Feature","publicQuestionCount":1},{"name":"Preferred Stock Types","publicQuestionCount":1},{"name":"Preferred vs Common Stock","publicQuestionCount":1},{"name":"Prepayment Risk","publicQuestionCount":1},{"name":"Private Equity - Exit Strategies","publicQuestionCount":1},{"name":"Private Equity - Liquidity","publicQuestionCount":1},{"name":"Private Equity Funds","publicQuestionCount":1},{"name":"Reinvestment Risk","publicQuestionCount":1},{"name":"REITs - Distribution Requirement","publicQuestionCount":1},{"name":"REITs - Dividend Distribution","publicQuestionCount":1},{"name":"REITs - Investment Companies","publicQuestionCount":1},{"name":"REITs - Portfolio Composition","publicQuestionCount":1},{"name":"REITs - Tax Qualification","publicQuestionCount":1},{"name":"REITs - Types","publicQuestionCount":1},{"name":"REITs — 90% Distribution Requirement","publicQuestionCount":1},{"name":"REITs — Diversification Benefits","publicQuestionCount":1},{"name":"REITs — Equity vs Mortgage","publicQuestionCount":1},{"name":"REITs — Interest Rate Sensitivity","publicQuestionCount":1},{"name":"REITs — Listed vs Non-Listed","publicQuestionCount":1},{"name":"REITs — Overview","publicQuestionCount":1},{"name":"REITs — Qualification Requirements","publicQuestionCount":1},{"name":"REITs — Tax Treatment of Dividends","publicQuestionCount":1},{"name":"Revenue bonds","publicQuestionCount":1},{"name":"Rights Offering","publicQuestionCount":1},{"name":"Rights Offerings","publicQuestionCount":1},{"name":"Risk — Beta","publicQuestionCount":1},{"name":"Risk — Call Risk","publicQuestionCount":1},{"name":"Risk — Concentration Risk","publicQuestionCount":1},{"name":"Risk — Inflation Impact on Asset Classes","publicQuestionCount":1},{"name":"Risk — Modern Portfolio Theory","publicQuestionCount":1},{"name":"Risk — Non-Systematic Risk Reduction","publicQuestionCount":1},{"name":"Risk — Opportunity Cost","publicQuestionCount":1},{"name":"Risk — Regulatory Risk","publicQuestionCount":1},{"name":"Risk and Return Relationship","publicQuestionCount":1},{"name":"Rule 144 — Control Securities","publicQuestionCount":1},{"name":"Rule 144 — Restricted Securities","publicQuestionCount":1},{"name":"Rule 144 — Volume Limitations","publicQuestionCount":1},{"name":"Spreads - basics","publicQuestionCount":1},{"name":"STRIPS","publicQuestionCount":1},{"name":"Systematic Risk — Types","publicQuestionCount":1},{"name":"Systematic vs Unsystematic Risk","publicQuestionCount":1},{"name":"Systematic vs. Unsystematic risk","publicQuestionCount":1},{"name":"TICs — Tenants in Common","publicQuestionCount":1},{"name":"TIPS — Treasury Inflation-Protected Securities","publicQuestionCount":1},{"name":"Treasury Bills","publicQuestionCount":1},{"name":"Treasury notes","publicQuestionCount":1},{"name":"Treasury Notes and Bonds","publicQuestionCount":1},{"name":"Treasury Securities - T-bonds","publicQuestionCount":1},{"name":"Treasury Securities - T-Notes and T-Bonds","publicQuestionCount":1},{"name":"Treasury Securities — Taxation","publicQuestionCount":1},{"name":"UITs - Fixed Portfolio","publicQuestionCount":1},{"name":"UITs - Management","publicQuestionCount":1},{"name":"UITs - Portfolio","publicQuestionCount":1},{"name":"UITs - Redeeming","publicQuestionCount":1},{"name":"UITs — Termination","publicQuestionCount":1},{"name":"UITs — Unit Investment Trusts","publicQuestionCount":1},{"name":"Unsystematic Risk — Diversification","publicQuestionCount":1},{"name":"Variable Annuities - Features","publicQuestionCount":1},{"name":"Variable Annuities - Fees","publicQuestionCount":1},{"name":"Variable Annuities - Suitability","publicQuestionCount":1},{"name":"Variable Annuities — 1035 Exchange","publicQuestionCount":1},{"name":"Variable Annuities — Annuitization","publicQuestionCount":1},{"name":"Variable Annuities — Death Benefit","publicQuestionCount":1},{"name":"Variable Annuities — M&E Charges","publicQuestionCount":1},{"name":"Variable Annuities — Separate Account","publicQuestionCount":1},{"name":"Variable Annuities — Suitability","publicQuestionCount":1},{"name":"Variable Annuities — Surrender Charges","publicQuestionCount":1},{"name":"Variable Annuities — Tax Treatment","publicQuestionCount":1},{"name":"Yield Calculations - Yield to Call","publicQuestionCount":1},{"name":"Yield Calculations - YTM","publicQuestionCount":1},{"name":"Yield Calculations — Current Yield","publicQuestionCount":1},{"name":"Yield Calculations — Yield to Maturity","publicQuestionCount":1},{"name":"Yield to Call","publicQuestionCount":1},{"name":"Yield to Maturity (YTM)","publicQuestionCount":1}],"observedDifficulty":null},{"section":3,"name":"Trading, Customer Accounts and Prohibited Activities","drillPath":"/questions/sie","publicQuestionCount":553,"shareOfPublicBankPct":29.6,"topics":[{"name":"Order Types","publicQuestionCount":49},{"name":"Trade Execution","publicQuestionCount":23},{"name":"Insider Trading","publicQuestionCount":14},{"name":"Market Manipulation","publicQuestionCount":14},{"name":"Account Types","publicQuestionCount":13},{"name":"Options","publicQuestionCount":12},{"name":"Investment Company Act of 1940","publicQuestionCount":10},{"name":"Securities Act of 1933","publicQuestionCount":10},{"name":"Securities Exchange Act of 1934","publicQuestionCount":10},{"name":"Margin Requirements","publicQuestionCount":9},{"name":"FINRA Rules","publicQuestionCount":8},{"name":"Prohibited Activities","publicQuestionCount":8},{"name":"Regulation D","publicQuestionCount":7},{"name":"Fiduciary Duty","publicQuestionCount":6},{"name":"Municipal Bonds","publicQuestionCount":6},{"name":"SEC Rules","publicQuestionCount":6},{"name":"Options Strategies","publicQuestionCount":5},{"name":"Churning","publicQuestionCount":4},{"name":"Front-Running","publicQuestionCount":4},{"name":"Regulation A+","publicQuestionCount":4},{"name":"Regulation S","publicQuestionCount":4},{"name":"MSRB Rules","publicQuestionCount":3},{"name":"Options Manipulation","publicQuestionCount":3},{"name":"TIPS","publicQuestionCount":3},{"name":"Account Types – Death of Account Holder","publicQuestionCount":2},{"name":"Anti-Money Laundering","publicQuestionCount":2},{"name":"Beneficial Ownership","publicQuestionCount":2},{"name":"Best Execution","publicQuestionCount":2},{"name":"Cash vs. Margin Accounts","publicQuestionCount":2},{"name":"Custodial Accounts","publicQuestionCount":2},{"name":"Economic Indicators","publicQuestionCount":2},{"name":"Fiduciary Accounts","publicQuestionCount":2},{"name":"Joint Accounts","publicQuestionCount":2},{"name":"Mutual Funds","publicQuestionCount":2},{"name":"Order Types - Prohibited Activities","publicQuestionCount":2},{"name":"Order Types / Manipulation","publicQuestionCount":2},{"name":"Regulation T","publicQuestionCount":2},{"name":"SEC Enforcement","publicQuestionCount":2},{"name":"Stop Orders","publicQuestionCount":2},{"name":"Suitability","publicQuestionCount":2},{"name":"T-bills, T-notes, T-bonds","publicQuestionCount":2},{"name":"Types of Investment Company Accounts","publicQuestionCount":2},{"name":"Yield Curves","publicQuestionCount":2},{"name":"529 Education Savings Accounts","publicQuestionCount":1},{"name":"Account Beneficiaries","publicQuestionCount":1},{"name":"Account Designations – Joint Accounts","publicQuestionCount":1},{"name":"Account Documentation","publicQuestionCount":1},{"name":"Account Ownership","publicQuestionCount":1},{"name":"Account Ownership – Joint Tenancy in Common","publicQuestionCount":1},{"name":"Account Ownership Forms","publicQuestionCount":1},{"name":"Account Registration","publicQuestionCount":1},{"name":"Account Statements","publicQuestionCount":1},{"name":"Account Titles – Minors","publicQuestionCount":1},{"name":"Account Transfers - ACATS","publicQuestionCount":1},{"name":"Account Types - Prohibited Acts","publicQuestionCount":1},{"name":"Account Types - Prohibited Practices","publicQuestionCount":1},{"name":"Account Types – Anti-Money Laundering","publicQuestionCount":1},{"name":"Account Types – Beneficial Ownership","publicQuestionCount":1},{"name":"Account Types – Beneficiary Designations","publicQuestionCount":1},{"name":"Account Types – Business Accounts","publicQuestionCount":1},{"name":"Account Types – Business Partnerships","publicQuestionCount":1},{"name":"Account Types – Cash Accounts","publicQuestionCount":1},{"name":"Account Types – Custodial Account Features","publicQuestionCount":1},{"name":"Account Types – Discretionary Authority","publicQuestionCount":1},{"name":"Account Types – DVP/RVP","publicQuestionCount":1},{"name":"Account Types – Investment Company Act","publicQuestionCount":1},{"name":"Account Types – Joint Account Checks","publicQuestionCount":1},{"name":"Account Types – Margin Account Use","publicQuestionCount":1},{"name":"Account Types – Margin Accounts","publicQuestionCount":1},{"name":"Account Types – Margin for Retirement Accounts","publicQuestionCount":1},{"name":"Account Types – Margin Restrictions","publicQuestionCount":1},{"name":"Account Types – Minor Accounts and Death","publicQuestionCount":1},{"name":"Account Types – Minors and Control","publicQuestionCount":1},{"name":"Account Types – Multiple Account Ownership","publicQuestionCount":1},{"name":"Account Types – Multiple Owners","publicQuestionCount":1},{"name":"Account Types – Option Account Agreement","publicQuestionCount":1},{"name":"Account Types – Option Trading Eligibility","publicQuestionCount":1},{"name":"Account Types – Options in IRAs","publicQuestionCount":1},{"name":"Account Types – Regulation A+","publicQuestionCount":1},{"name":"Account Types – Retirement Account Eligibility","publicQuestionCount":1},{"name":"Account Types – Suitability and Best Interest","publicQuestionCount":1},{"name":"Account Types – TIPS and Government Securities","publicQuestionCount":1},{"name":"Account Types – Trust Accounts","publicQuestionCount":1},{"name":"Account Types – Trust versus Joint","publicQuestionCount":1},{"name":"Account Types – UGMA/UTMA","publicQuestionCount":1},{"name":"Account Types: Cash Accounts","publicQuestionCount":1},{"name":"Account Types: Cash vs Margin Accounts","publicQuestionCount":1},{"name":"Account Types: Custodial Accounts","publicQuestionCount":1},{"name":"Account Types: Estate Accounts","publicQuestionCount":1},{"name":"Account Types: Insider Trading Prevention","publicQuestionCount":1},{"name":"Account Types: Irrevocable Trusts","publicQuestionCount":1},{"name":"Account Types: Joint Accounts","publicQuestionCount":1},{"name":"Account Types: Limit and Stop Orders","publicQuestionCount":1},{"name":"Account Types: Margin Accounts","publicQuestionCount":1},{"name":"Account Types: Margin and Short Sales","publicQuestionCount":1},{"name":"Account Types: Margin Maintenance","publicQuestionCount":1},{"name":"Account Types: Options Accounts","publicQuestionCount":1},{"name":"Account Types: Options Strategies","publicQuestionCount":1},{"name":"Account Types: Retirement Accounts","publicQuestionCount":1},{"name":"Account Types: TIPS and Inflation Protection","publicQuestionCount":1},{"name":"Account Types: Trust and Fiduciary Accounts","publicQuestionCount":1},{"name":"Accrued Interest","publicQuestionCount":1},{"name":"Agency Trades and Commissions","publicQuestionCount":1},{"name":"All-or-None Orders","publicQuestionCount":1},{"name":"AML Compliance Program","publicQuestionCount":1},{"name":"Beneficial Ownership in Corporate Accounts","publicQuestionCount":1},{"name":"Best Interest","publicQuestionCount":1},{"name":"Best Interest and Suitable Recommendations","publicQuestionCount":1},{"name":"Best Interest Obligation","publicQuestionCount":1},{"name":"Best Interest Standard","publicQuestionCount":1},{"name":"Bid-Ask Spread","publicQuestionCount":1},{"name":"Bond Premium Amortization","publicQuestionCount":1},{"name":"Book-Entry Securities","publicQuestionCount":1},{"name":"Broker-Dealer Prohibited Practices","publicQuestionCount":1},{"name":"Buy Stop Orders","publicQuestionCount":1},{"name":"Capital Gains Holding Period","publicQuestionCount":1},{"name":"Cash Accounts","publicQuestionCount":1},{"name":"Cash Settlement","publicQuestionCount":1},{"name":"Cash vs. Margin Account – Securities Delivery","publicQuestionCount":1},{"name":"Cost Basis","publicQuestionCount":1},{"name":"Currency Transaction Reports","publicQuestionCount":1},{"name":"Current Yield","publicQuestionCount":1},{"name":"Custodial Accounts – Gift Irrevocability","publicQuestionCount":1},{"name":"Custodial Accounts – UGMA/UTMA","publicQuestionCount":1},{"name":"Custodial Accounts and Minor Rights","publicQuestionCount":1},{"name":"Customer Identification Program","publicQuestionCount":1},{"name":"Customer Protection Rule","publicQuestionCount":1},{"name":"Discretionary Accounts","publicQuestionCount":1},{"name":"Dividend Dates","publicQuestionCount":1},{"name":"Dividend Yield","publicQuestionCount":1},{"name":"DTC and Clearing","publicQuestionCount":1},{"name":"Economic Indicators - Prohibited Claims","publicQuestionCount":1},{"name":"Economic Indicators / Manipulation","publicQuestionCount":1},{"name":"Economic Indicators and Account Types","publicQuestionCount":1},{"name":"Elder Financial Exploitation","publicQuestionCount":1},{"name":"ERISA","publicQuestionCount":1},{"name":"Ex-Dividend Date Price Adjustment","publicQuestionCount":1},{"name":"Excessive Markups","publicQuestionCount":1},{"name":"Exempt Securities","publicQuestionCount":1},{"name":"Failure to Deliver","publicQuestionCount":1},{"name":"FDIC vs SIPC","publicQuestionCount":1},{"name":"Fiduciary Account Rules","publicQuestionCount":1},{"name":"Fiduciary Duty - Unauthorized Transactions","publicQuestionCount":1},{"name":"Fiduciary Duty in Account Types","publicQuestionCount":1},{"name":"Fiduciary Duty/Suitability/Best Interest","publicQuestionCount":1},{"name":"Fiduciary/Best Interest","publicQuestionCount":1},{"name":"FINRA - Prohibited Sales Practices","publicQuestionCount":1},{"name":"FINRA and Account Opening Rules","publicQuestionCount":1},{"name":"FINRA Rules - Customer Accounts","publicQuestionCount":1},{"name":"FINRA Rules - Sharing in Profits","publicQuestionCount":1},{"name":"FINRA/MSRB Rules","publicQuestionCount":1},{"name":"Free-Riding","publicQuestionCount":1},{"name":"Front Running","publicQuestionCount":1},{"name":"Front-Running in Brokerage Accounts","publicQuestionCount":1},{"name":"Government Securities Settlement","publicQuestionCount":1},{"name":"GTC Orders","publicQuestionCount":1},{"name":"Guarantees Against Loss","publicQuestionCount":1},{"name":"Individual vs. Joint Accounts","publicQuestionCount":1},{"name":"Insider Trading - Chinese Walls","publicQuestionCount":1},{"name":"Investment Company Act of 1940 - Mutual Funds","publicQuestionCount":1},{"name":"Investment Company Act of 1940 and Account Types","publicQuestionCount":1},{"name":"Investment Company Act Requirements","publicQuestionCount":1},{"name":"IRA Accounts","publicQuestionCount":1},{"name":"IRA Contribution Limits","publicQuestionCount":1},{"name":"Limit Orders","publicQuestionCount":1},{"name":"Maintenance Margin","publicQuestionCount":1},{"name":"Margin Account Disclosures","publicQuestionCount":1},{"name":"Margin Account Maintenance","publicQuestionCount":1},{"name":"Margin Account Minimum","publicQuestionCount":1},{"name":"Margin Account Securities Eligibility","publicQuestionCount":1},{"name":"Margin Accounts & Regulation T","publicQuestionCount":1},{"name":"Margin Calls","publicQuestionCount":1},{"name":"Margin Interest","publicQuestionCount":1},{"name":"Margin Requirements - Maintenance","publicQuestionCount":1},{"name":"Margin Requirements - Regulation T","publicQuestionCount":1},{"name":"Margin Requirements – Maintenance Margin","publicQuestionCount":1},{"name":"Margin Requirements – Regulation T","publicQuestionCount":1},{"name":"Margin Requirements (Reg T)","publicQuestionCount":1},{"name":"Market Manipulation - Matched Orders","publicQuestionCount":1},{"name":"Market Manipulation - Pegging","publicQuestionCount":1},{"name":"Market Manipulation - Pump and Dump","publicQuestionCount":1},{"name":"Market Manipulation - Quote Stuffing","publicQuestionCount":1},{"name":"Market Manipulation - Rumor Spreading","publicQuestionCount":1},{"name":"Market Manipulation - Spoofing","publicQuestionCount":1},{"name":"Market Manipulation - Wash Sales","publicQuestionCount":1},{"name":"Market Manipulation and Account Types","publicQuestionCount":1},{"name":"Market Orders","publicQuestionCount":1},{"name":"Marking the Close","publicQuestionCount":1},{"name":"Material Non-Public Information","publicQuestionCount":1},{"name":"MSRB Rules - Prohibited Conduct","publicQuestionCount":1},{"name":"Municipal Accounts and MSRB Rules","publicQuestionCount":1},{"name":"Municipal Bonds - Exemptions","publicQuestionCount":1},{"name":"Municipal Bonds in Account Types","publicQuestionCount":1},{"name":"Municipal Bonds/Manipulation","publicQuestionCount":1},{"name":"Municipal Securities - MSRB Rules","publicQuestionCount":1},{"name":"Municipal Securities & MSRB Rules","publicQuestionCount":1},{"name":"Mutual Fund Account Charges","publicQuestionCount":1},{"name":"Net Capital Rule","publicQuestionCount":1},{"name":"New Account Documentation","publicQuestionCount":1},{"name":"OFAC","publicQuestionCount":1},{"name":"Opening Accounts for Entities","publicQuestionCount":1},{"name":"Options - Insider Trading","publicQuestionCount":1},{"name":"Options - Manipulation","publicQuestionCount":1},{"name":"Options - Prohibited Activities","publicQuestionCount":1},{"name":"Options - Prohibited Recommendation","publicQuestionCount":1},{"name":"Options - Time/Intrinsic Value Misrepresentation","publicQuestionCount":1},{"name":"Options / Information Barriers","publicQuestionCount":1},{"name":"Options Account – Trading Levels","publicQuestionCount":1},{"name":"Options Account Approval","publicQuestionCount":1},{"name":"Options Account Approval Process","publicQuestionCount":1},{"name":"Options Account Documentation","publicQuestionCount":1},{"name":"Options Account Features","publicQuestionCount":1},{"name":"Options Account Risk and Suitability","publicQuestionCount":1},{"name":"Options Account Risk Disclosure","publicQuestionCount":1},{"name":"Options Accounts","publicQuestionCount":1},{"name":"Options Accounts and Suitability","publicQuestionCount":1},{"name":"Options Accounts and Time Value","publicQuestionCount":1},{"name":"Options Intrinsic Value","publicQuestionCount":1},{"name":"Options Strategy","publicQuestionCount":1},{"name":"Options Time Value","publicQuestionCount":1},{"name":"Options Trading","publicQuestionCount":1},{"name":"Order Types / Market Manipulation","publicQuestionCount":1},{"name":"Order Types and Account Types","publicQuestionCount":1},{"name":"Order Types and Execution","publicQuestionCount":1},{"name":"Order Types in Accounts","publicQuestionCount":1},{"name":"Order Types in Margin Accounts","publicQuestionCount":1},{"name":"Order Types in Retirement Accounts","publicQuestionCount":1},{"name":"Order Types: Market and Limit Orders","publicQuestionCount":1},{"name":"Pattern Day Trader","publicQuestionCount":1},{"name":"Principal vs Agency Trades","publicQuestionCount":1},{"name":"Privacy Regulations","publicQuestionCount":1},{"name":"Prohibited Account Activities","publicQuestionCount":1},{"name":"Prohibited Activities - Best Execution","publicQuestionCount":1},{"name":"Prohibited Activities - Market Manipulation","publicQuestionCount":1},{"name":"Prohibited Activities - Marking the Close","publicQuestionCount":1},{"name":"Prohibited Activities - Trades for Own Account","publicQuestionCount":1},{"name":"Prohibited Activities - Unauthorized Trading","publicQuestionCount":1},{"name":"Prohibited Transactions","publicQuestionCount":1},{"name":"Prospectus","publicQuestionCount":1},{"name":"Prospectus Delivery","publicQuestionCount":1},{"name":"Pump and Dump","publicQuestionCount":1},{"name":"Qualified Dividends","publicQuestionCount":1},{"name":"Record Date vs Ex-Date","publicQuestionCount":1},{"name":"Reg BI - Best Interest","publicQuestionCount":1},{"name":"Reg BI - Form CRS","publicQuestionCount":1},{"name":"Registered Representative Duties","publicQuestionCount":1},{"name":"Regulation A+ Offerings","publicQuestionCount":1},{"name":"Regulation D - Solicitation Practices","publicQuestionCount":1},{"name":"Regulation D / Private Placements","publicQuestionCount":1},{"name":"Regulation D and Account Types","publicQuestionCount":1},{"name":"Regulation of Joint Accounts","publicQuestionCount":1},{"name":"Regulation S and Offshore Accounts","publicQuestionCount":1},{"name":"Regulation S-P","publicQuestionCount":1},{"name":"Regulation S-P Safeguards","publicQuestionCount":1},{"name":"Regulation SHO","publicQuestionCount":1},{"name":"Regulation T (Margin Requirements)","publicQuestionCount":1},{"name":"Regulations – Regulation D Accounts","publicQuestionCount":1},{"name":"Regulations – Regulation S Accounts","publicQuestionCount":1},{"name":"Reporting Requirements","publicQuestionCount":1},{"name":"Retirement Account Taxation","publicQuestionCount":1},{"name":"Retirement Accounts","publicQuestionCount":1},{"name":"Retirement Accounts – Contributions","publicQuestionCount":1},{"name":"Retirement Accounts – IRA","publicQuestionCount":1},{"name":"Retirement Accounts – Rollover Rules","publicQuestionCount":1},{"name":"Retirement Plans","publicQuestionCount":1},{"name":"Reverse Stock Splits","publicQuestionCount":1},{"name":"Roth IRA","publicQuestionCount":1},{"name":"SEC Antifraud Rules","publicQuestionCount":1},{"name":"SEC Customer Identification Program","publicQuestionCount":1},{"name":"SEC Regulation S","publicQuestionCount":1},{"name":"SEC Regulations","publicQuestionCount":1},{"name":"SEC Rule 15c3-3 and Customer Protection in Accounts","publicQuestionCount":1},{"name":"SEC Rules - Insider Definition","publicQuestionCount":1},{"name":"SEC Rules - Tipper Liability","publicQuestionCount":1},{"name":"SEC Rules - Tippers and Tippees","publicQuestionCount":1},{"name":"SEC/FINRA - Reporting Requirements","publicQuestionCount":1},{"name":"SEC/FINRA Rules","publicQuestionCount":1},{"name":"Securities Act of 1933 - Exempt Securities","publicQuestionCount":1},{"name":"Securities Act of 1933 - Prospectus Requirements","publicQuestionCount":1},{"name":"Securities Act of 1933 / Prospectus Fraud","publicQuestionCount":1},{"name":"Securities Act of 1933 and Account Types","publicQuestionCount":1},{"name":"Securities Act of 1933 Registration","publicQuestionCount":1},{"name":"Securities Exchange Act – Reporting Accounts","publicQuestionCount":1},{"name":"Securities Exchange Act of 1934 - Manipulative Devices","publicQuestionCount":1},{"name":"Securities Investor Protection Corporation (SIPC)","publicQuestionCount":1},{"name":"Sell Limit Orders","publicQuestionCount":1},{"name":"Settlement and Account Types","publicQuestionCount":1},{"name":"Settlement and Payment","publicQuestionCount":1},{"name":"Sharing in Accounts","publicQuestionCount":1},{"name":"Short Selling","publicQuestionCount":1},{"name":"Short Selling Risks","publicQuestionCount":1},{"name":"SIPC Coverage Limits","publicQuestionCount":1},{"name":"SIPC Protection","publicQuestionCount":1},{"name":"Spoofing","publicQuestionCount":1},{"name":"Stock Splits","publicQuestionCount":1},{"name":"Stop and Stop-Limit Orders","publicQuestionCount":1},{"name":"Stop-Limit Orders","publicQuestionCount":1},{"name":"Suitability and Customer Profiles","publicQuestionCount":1},{"name":"Suitability and Prohibited Activities","publicQuestionCount":1},{"name":"T-Bills","publicQuestionCount":1},{"name":"T+1 Settlement","publicQuestionCount":1},{"name":"Tax-Equivalent Yield","publicQuestionCount":1},{"name":"Tenants in Common","publicQuestionCount":1},{"name":"Time Value of Options","publicQuestionCount":1},{"name":"Total Return","publicQuestionCount":1},{"name":"Trade Confirmations","publicQuestionCount":1},{"name":"Trade Date vs Settlement Date","publicQuestionCount":1},{"name":"Trade Execution, Best Interest, and Regulatory Rules","publicQuestionCount":1},{"name":"Trading on Margin in Retirement Accounts","publicQuestionCount":1},{"name":"Transfer on Death","publicQuestionCount":1},{"name":"Transfer on Death (TOD) Accounts","publicQuestionCount":1},{"name":"Trust Account Trading Authority","publicQuestionCount":1},{"name":"Trust Accounts","publicQuestionCount":1},{"name":"Trust Accounts – Fiduciary Responsibility","publicQuestionCount":1},{"name":"Trusted Contact Person","publicQuestionCount":1},{"name":"Types of Brokerage Accounts","publicQuestionCount":1},{"name":"Types of Retirement Accounts","publicQuestionCount":1},{"name":"UGMA/UTMA Accounts","publicQuestionCount":1},{"name":"Unauthorized Trading","publicQuestionCount":1},{"name":"Wash Sale Rule","publicQuestionCount":1},{"name":"Yield Curves/Economic Indicators","publicQuestionCount":1},{"name":"Yield to Call","publicQuestionCount":1},{"name":"Yield to Maturity","publicQuestionCount":1}],"observedDifficulty":null},{"section":4,"name":"Overview of the Regulatory Framework","drillPath":"/questions/sie","publicQuestionCount":192,"shareOfPublicBankPct":10.3,"topics":[{"name":"Content Standards","publicQuestionCount":7},{"name":"Arbitration","publicQuestionCount":4},{"name":"Public Appearances","publicQuestionCount":4},{"name":"BrokerCheck","publicQuestionCount":3},{"name":"Continuing Education","publicQuestionCount":3},{"name":"Filing with FINRA","publicQuestionCount":3},{"name":"Outside Business Activities","publicQuestionCount":3},{"name":"Political Contributions / Pay-to-Play","publicQuestionCount":3},{"name":"Supervisory Procedures","publicQuestionCount":3},{"name":"Types of Communication","publicQuestionCount":3},{"name":"Code of Procedure","publicQuestionCount":2},{"name":"Customer Complaints","publicQuestionCount":2},{"name":"Disciplinary Process","publicQuestionCount":2},{"name":"Filing Requirements","publicQuestionCount":2},{"name":"Form U4","publicQuestionCount":2},{"name":"Form U5","publicQuestionCount":2},{"name":"Gift Limits","publicQuestionCount":2},{"name":"Personal Trading","publicQuestionCount":2},{"name":"Private Securities Transactions","publicQuestionCount":2},{"name":"Recordkeeping","publicQuestionCount":2},{"name":"Social Media","publicQuestionCount":2},{"name":"SRO Rule Violations","publicQuestionCount":2},{"name":"Statutory Disqualification","publicQuestionCount":2},{"name":"Supervision","publicQuestionCount":2},{"name":"Use of Rankings","publicQuestionCount":2},{"name":"Use of Testimonials","publicQuestionCount":2},{"name":"AML independent testing","publicQuestionCount":1},{"name":"Annual compliance reports","publicQuestionCount":1},{"name":"Anti-money laundering training","publicQuestionCount":1},{"name":"Appeals to the SEC","publicQuestionCount":1},{"name":"Approval of Communications","publicQuestionCount":1},{"name":"Arbitration vs. Mediation","publicQuestionCount":1},{"name":"Associated Persons","publicQuestionCount":1},{"name":"Blue Sky filings","publicQuestionCount":1},{"name":"Broker-Dealer Oversight","publicQuestionCount":1},{"name":"Content Prohibitions","publicQuestionCount":1},{"name":"Continuing Education - Firm Element","publicQuestionCount":1},{"name":"Correspondence Supervision","publicQuestionCount":1},{"name":"Correspondence vs. Retail Communication","publicQuestionCount":1},{"name":"Creation of SRO Rules","publicQuestionCount":1},{"name":"CTR reporting","publicQuestionCount":1},{"name":"Customer complaint records","publicQuestionCount":1},{"name":"Definition of Retail Communication","publicQuestionCount":1},{"name":"Dual Regulation","publicQuestionCount":1},{"name":"Dual SRO Membership","publicQuestionCount":1},{"name":"Electronic Communications","publicQuestionCount":1},{"name":"Ethical Standards","publicQuestionCount":1},{"name":"Examples of SROs","publicQuestionCount":1},{"name":"Fair and Balanced Communications","publicQuestionCount":1},{"name":"FINRA Filing Requirements","publicQuestionCount":1},{"name":"FINRA Registration","publicQuestionCount":1},{"name":"FINRA Rule 4530","publicQuestionCount":1},{"name":"FINRA vs MSRB","publicQuestionCount":1},{"name":"FINRA’s Role as an SRO","publicQuestionCount":1},{"name":"Form 144","publicQuestionCount":1},{"name":"Form 8-K","publicQuestionCount":1},{"name":"Form U4 amendments","publicQuestionCount":1},{"name":"Form U4 Amendments","publicQuestionCount":1},{"name":"Form U4 Disclosure","publicQuestionCount":1},{"name":"Industry Arbitration","publicQuestionCount":1},{"name":"Insider trading reports","publicQuestionCount":1},{"name":"Institutional Communication","publicQuestionCount":1},{"name":"MSRB Enforcement","publicQuestionCount":1},{"name":"MSRB Overview","publicQuestionCount":1},{"name":"Non-Member Access","publicQuestionCount":1},{"name":"OFAC reporting","publicQuestionCount":1},{"name":"Principal Approval","publicQuestionCount":1},{"name":"Public Disclosures","publicQuestionCount":1},{"name":"Purpose of SRO Registration","publicQuestionCount":1},{"name":"Purpose of SROs","publicQuestionCount":1},{"name":"Quarterly FOCUS report","publicQuestionCount":1},{"name":"Registration Categories","publicQuestionCount":1},{"name":"Registration Lapse","publicQuestionCount":1},{"name":"Registration Requirements","publicQuestionCount":1},{"name":"Regulation S-AM","publicQuestionCount":1},{"name":"Regulation S-ID","publicQuestionCount":1},{"name":"Regulation S-P","publicQuestionCount":1},{"name":"Regulatory filing deadlines","publicQuestionCount":1},{"name":"Regulatory reporting deadlines","publicQuestionCount":1},{"name":"Reporting AML compliance failures","publicQuestionCount":1},{"name":"Reporting AML suspicious activity","publicQuestionCount":1},{"name":"Reporting bankruptcy filings","publicQuestionCount":1},{"name":"Reporting bond trades","publicQuestionCount":1},{"name":"Reporting changes in AML officer","publicQuestionCount":1},{"name":"Reporting criminal indictments","publicQuestionCount":1},{"name":"Reporting customer account fraud","publicQuestionCount":1},{"name":"Reporting customer complaints","publicQuestionCount":1},{"name":"Reporting customer identity theft","publicQuestionCount":1},{"name":"Reporting cybersecurity breaches","publicQuestionCount":1},{"name":"Reporting cybersecurity events timeline","publicQuestionCount":1},{"name":"Reporting disciplinary action to customers","publicQuestionCount":1},{"name":"Reporting disciplinary actions","publicQuestionCount":1},{"name":"Reporting financial condition","publicQuestionCount":1},{"name":"Reporting gifts and entertainment","publicQuestionCount":1},{"name":"Reporting gifts and gratuities","publicQuestionCount":1},{"name":"Reporting lost securities","publicQuestionCount":1},{"name":"Reporting lost securities timeline","publicQuestionCount":1},{"name":"Reporting OBA violations","publicQuestionCount":1},{"name":"Reporting outside business activities","publicQuestionCount":1},{"name":"Reporting personal trading violations","publicQuestionCount":1},{"name":"Reporting political contributions","publicQuestionCount":1},{"name":"Reporting privacy breaches","publicQuestionCount":1},{"name":"Reporting regulatory complaints","publicQuestionCount":1},{"name":"Reporting regulatory fines","publicQuestionCount":1},{"name":"Reporting regulatory investigations","publicQuestionCount":1},{"name":"Reporting short sales","publicQuestionCount":1},{"name":"Reporting significant operational risk events","publicQuestionCount":1},{"name":"Reporting suspicious activity","publicQuestionCount":1},{"name":"Reporting threshold for cash","publicQuestionCount":1},{"name":"Reporting to SIPC","publicQuestionCount":1},{"name":"Reporting to the SEC","publicQuestionCount":1},{"name":"Reporting trades in municipal securities","publicQuestionCount":1},{"name":"Reporting Violations","publicQuestionCount":1},{"name":"Retail Communication Approval","publicQuestionCount":1},{"name":"Retail vs Institutional","publicQuestionCount":1},{"name":"Retail vs. Institutional Communication","publicQuestionCount":1},{"name":"Role of the SEC with SROs","publicQuestionCount":1},{"name":"Rule Amendments","publicQuestionCount":1},{"name":"Rule Hierarchy","publicQuestionCount":1},{"name":"Rulemaking Process","publicQuestionCount":1},{"name":"SARs reporting","publicQuestionCount":1},{"name":"SRO Advertising Rules","publicQuestionCount":1},{"name":"SRO Appeals","publicQuestionCount":1},{"name":"SRO Appeals Process","publicQuestionCount":1},{"name":"SRO Authority","publicQuestionCount":1},{"name":"SRO Definition","publicQuestionCount":1},{"name":"SRO Examination","publicQuestionCount":1},{"name":"SRO Fines","publicQuestionCount":1},{"name":"SRO Fines and Penalties","publicQuestionCount":1},{"name":"SRO Inspection Powers","publicQuestionCount":1},{"name":"SRO Inspections","publicQuestionCount":1},{"name":"SRO Member Obligations","publicQuestionCount":1},{"name":"SRO Membership","publicQuestionCount":1},{"name":"SRO Membership Disciplines","publicQuestionCount":1},{"name":"SRO Registration Requirements","publicQuestionCount":1},{"name":"SRO Rule Changes","publicQuestionCount":1},{"name":"SRO Rule Enforcement","publicQuestionCount":1},{"name":"SRO Rule Examples","publicQuestionCount":1},{"name":"SRO Rulebook","publicQuestionCount":1},{"name":"SRO vs Federal Law","publicQuestionCount":1},{"name":"SROs and Arbitration","publicQuestionCount":1},{"name":"SROs and Enforcement","publicQuestionCount":1},{"name":"SROs and the SEC","publicQuestionCount":1},{"name":"SROs vs Government Agencies","publicQuestionCount":1},{"name":"Testimonials","publicQuestionCount":1},{"name":"Types of SROs","publicQuestionCount":1},{"name":"Use of Hypothetical Illustrations","publicQuestionCount":1},{"name":"Use of Performance Data","publicQuestionCount":1},{"name":"Use of Projections","publicQuestionCount":1},{"name":"Whistleblower reporting","publicQuestionCount":1}],"observedDifficulty":null}],"methodology":"Counts are computed from quality-gated public question pages and their checked-in LTB section and topic metadata. Duplicate or incomplete questions excluded by the public-page quality gate are not counted as public coverage.","limitation":"This is an LTB topic-coverage inventory mapped at the broad section-label level to the linked official outline. It is not a line-by-line mapping to every official objective, does not claim that question count equals exam readiness, and is not an endorsement or coverage certification by FINRA or NASAA."},{"schemaVersion":1,"generatedAt":"2026-08-03T03:35:57.665Z","bankUpdatedOn":"2026-07-03","exam":{"slug":"series-7","shortName":"Series 7"},"officialOutlineUrl":"https://www.finra.org/registration-exams-ce/qualification-exams/series7","officialAuthority":"FINRA","publicBankQuestions":758,"checkedInBankQuestions":1565,"sections":[{"section":1,"name":"Seeks Business for the Broker-Dealer","drillPath":"/questions/series-7/topic/section-1","publicQuestionCount":148,"shareOfPublicBankPct":19.5,"topics":[{"name":"Customer Contact and Communications 1","publicQuestionCount":5},{"name":"Product Knowledge and Suitability Foundation 1","publicQuestionCount":5},{"name":"Prospecting and Cold Calling 1","publicQuestionCount":5},{"name":"Seminars and Public Appearances — Use of Testimonials","publicQuestionCount":3},{"name":"Cold Calling Rules and Telemarketing — Recordkeeping Requirements","publicQuestionCount":2},{"name":"Communications with the Public (Retail and Institutional) — Filing Requirements","publicQuestionCount":2},{"name":"Communications with the Public (Retail and Institutional) — Institutional Communication","publicQuestionCount":2},{"name":"Marketing and Prospecting — Advertising Approval","publicQuestionCount":2},{"name":"Marketing and Prospecting — Referral Fees","publicQuestionCount":2},{"name":"Seminars and Public Appearances — Disclosures","publicQuestionCount":2},{"name":"Seminars and Public Appearances — Prohibited Statements","publicQuestionCount":2},{"name":"Seminars and Public Appearances — Recordkeeping","publicQuestionCount":2},{"name":"Social Media and Digital Communications — Recordkeeping","publicQuestionCount":2},{"name":"Cold Calling Rules and Telemarketing — Autodialers and Prerecorded Messages","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Caller ID Requirements","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Do-Not-Call List","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Exceptions to Do-Not-Call Restrictions","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Exemptions from Do Not Call Rules","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Existing Business Relationships","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Identifying the Caller","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Internal Do Not Call List","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Internal Do Not Call List Procedures","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Internal Do-Not-Call List Procedures","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — National Do Not Call Registry","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — National Do Not Call Registry Exemptions","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Permissible Practices","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Permitted Calling Hours","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Permitted Personnel for Cold Calls","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Recordkeeping and Training","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Required Call Disclosures","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Required Disclosures","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Time Restrictions","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Time Zone Compliance","publicQuestionCount":1},{"name":"Cold Calling Rules and Telemarketing — Training Requirements","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Approval Requirements","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Content Standards","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Correspondence Definition","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — FINRA Rule 2210: Retail Communication Approval","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Hypothetical Illustrations","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Misleading Statements","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Misleading Statements and Performance Claims","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Principal Approval","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Sharing Communications","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Social Media","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Social Media and Recordkeeping","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Social Media Recordkeeping","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Testimonial Disclosure","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Testimonials","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Testimonials and Endorsements","publicQuestionCount":1},{"name":"Communications with the Public (Retail and Institutional) — Use of Performance Data","publicQuestionCount":1},{"name":"Digital Communications — Advertising Rules","publicQuestionCount":1},{"name":"Digital Communications — Hyperlinks","publicQuestionCount":1},{"name":"Digital Communications — Personal Devices","publicQuestionCount":1},{"name":"Digital Communications — Supervision","publicQuestionCount":1},{"name":"Digital Communications — Third-Party Posts","publicQuestionCount":1},{"name":"Disclosure Requirements — Networking","publicQuestionCount":1},{"name":"Marketing and Prospecting — Cold Calling Definition","publicQuestionCount":1},{"name":"Marketing and Prospecting — Cold Calling Regulations","publicQuestionCount":1},{"name":"Marketing and Prospecting — Cold Calling Rules","publicQuestionCount":1},{"name":"Marketing and Prospecting — Customer Referral Payments","publicQuestionCount":1},{"name":"Marketing and Prospecting — Do Not Call List","publicQuestionCount":1},{"name":"Marketing and Prospecting — Do-Not-Call List","publicQuestionCount":1},{"name":"Marketing and Prospecting — Prospect Qualification","publicQuestionCount":1},{"name":"Marketing and Prospecting — Prospecting List Sources","publicQuestionCount":1},{"name":"Marketing and Prospecting — Prospecting Methods","publicQuestionCount":1},{"name":"Marketing and Prospecting — Public Seminars and Recordkeeping","publicQuestionCount":1},{"name":"Marketing and Prospecting — Responding to Prospect Inquiries","publicQuestionCount":1},{"name":"Marketing and Prospecting — Retail Communication","publicQuestionCount":1},{"name":"Marketing and Prospecting — Sharing Performance Data","publicQuestionCount":1},{"name":"Marketing and Prospecting — Social Media Communications","publicQuestionCount":1},{"name":"Marketing and Prospecting — Social Media Use","publicQuestionCount":1},{"name":"Marketing and Prospecting — Suitability and Prospecting New Clients","publicQuestionCount":1},{"name":"Marketing and Prospecting — Suitability in Prospecting","publicQuestionCount":1},{"name":"Marketing and Prospecting — Telephone Solicitation Hours","publicQuestionCount":1},{"name":"Marketing and Prospecting — Use of Testimonials","publicQuestionCount":1},{"name":"Networking Arrangement — Location Requirements","publicQuestionCount":1},{"name":"Networking Arrangements — Definition","publicQuestionCount":1},{"name":"Networking Arrangements — Disclosure Requirements","publicQuestionCount":1},{"name":"Networking Arrangements — Dual Employees","publicQuestionCount":1},{"name":"Networking Arrangements — Marketing Materials","publicQuestionCount":1},{"name":"Networking Arrangements — Physical Location Disclosure","publicQuestionCount":1},{"name":"Referral Compensation — Permitted Recipients","publicQuestionCount":1},{"name":"Referral Compensation — Registration Requirement","publicQuestionCount":1},{"name":"Referral Fees — Permitted Activities","publicQuestionCount":1},{"name":"Referral Fees — Registered vs. Unregistered Persons","publicQuestionCount":1},{"name":"Referral Program — Conflicts of Interest","publicQuestionCount":1},{"name":"Referral Program — Pre-Approval Requirements","publicQuestionCount":1},{"name":"Referral Programs — Compensation Limits","publicQuestionCount":1},{"name":"Referral Programs — Definition","publicQuestionCount":1},{"name":"Referral Programs — Payment Timing","publicQuestionCount":1},{"name":"Referral Programs — Permitted Compensation","publicQuestionCount":1},{"name":"Referral Programs — Written Agreements","publicQuestionCount":1},{"name":"Referral Programs and Networking — Bank Broker-Dealer Arrangements","publicQuestionCount":1},{"name":"Referral Programs and Networking — Calculating Permissible Referral Compensation","publicQuestionCount":1},{"name":"Referral Programs and Networking — Compensation Limits and Disclosure","publicQuestionCount":1},{"name":"Referral Programs and Networking — Sharing Compensation with Non-Registered Persons","publicQuestionCount":1},{"name":"Referral Programs and Networking — Written Agreements and Regulatory Oversight","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Approval","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Definition","publicQuestionCount":1},{"name":"Seminars and Public Appearances — FINRA Approval Requirements","publicQuestionCount":1},{"name":"Seminars and Public Appearances — FINRA Filing and Approval Requirements","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Guest Speakers","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Hypothetical Performance Illustrations","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Pre-approval Requirements","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Social Media and Recordkeeping","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Supervision","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Supervision and Recordkeeping","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Use of Charts and Graphs","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Use of Hypothetical Performance","publicQuestionCount":1},{"name":"Seminars and Public Appearances — Use of Research Reports","publicQuestionCount":1},{"name":"Social Media — Recordkeeping Requirements","publicQuestionCount":1},{"name":"Social Media — Responding to Customer Inquiries","publicQuestionCount":1},{"name":"Social Media — Sharing Market Predictions","publicQuestionCount":1},{"name":"Social Media — Static vs. Interactive Content","publicQuestionCount":1},{"name":"Social Media — Suitability in Digital Recommendations","publicQuestionCount":1},{"name":"Social Media — Testimonials and Endorsements","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Interactive Content","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Personal vs. Business Use","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Pre-Approval Requirements","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Static Content","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Static vs. Interactive Content","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Suitability and Recommendations","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Testimonials","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Third-Party Posts","publicQuestionCount":1},{"name":"Social Media and Digital Communications — Third-Party Posts and Testimonials","publicQuestionCount":1}],"observedDifficulty":{"missRatePct":14.9,"answerRecords":175,"distinctUsers":7,"dataThrough":"2026-07-31"}},{"section":2,"name":"Opens & Maintains Customer Accounts","drillPath":"/questions/series-7/topic/section-2","publicQuestionCount":96,"shareOfPublicBankPct":12.7,"topics":[{"name":"Account Documentation — Account Approval","publicQuestionCount":1},{"name":"Account Documentation — Beneficial Ownership","publicQuestionCount":1},{"name":"Account Documentation — Currency Transaction Reports","publicQuestionCount":1},{"name":"Account Documentation — Customer Identification Program","publicQuestionCount":1},{"name":"Account Documentation — New Account Form","publicQuestionCount":1},{"name":"Account Documentation — OFAC","publicQuestionCount":1},{"name":"Account Documentation — Record Retention","publicQuestionCount":1},{"name":"Account Documentation — Suspicious Activity Reports","publicQuestionCount":1},{"name":"Account Documentation — USA PATRIOT Act","publicQuestionCount":1},{"name":"Account Documentation 1","publicQuestionCount":1},{"name":"Account Documentation 2","publicQuestionCount":1},{"name":"Account Documentation 3","publicQuestionCount":1},{"name":"Account Documentation 4","publicQuestionCount":1},{"name":"Account Documentation 5","publicQuestionCount":1},{"name":"Account Registration 1","publicQuestionCount":1},{"name":"Account Registration 2","publicQuestionCount":1},{"name":"Account Registration 3","publicQuestionCount":1},{"name":"Account Registration 4","publicQuestionCount":1},{"name":"Account Types — Corporate Accounts","publicQuestionCount":1},{"name":"Account Types — Estate Accounts","publicQuestionCount":1},{"name":"Account Types — Individual Account","publicQuestionCount":1},{"name":"Account Types — Joint Account Orders","publicQuestionCount":1},{"name":"Account Types — Joint Tenants with Right of Survivorship","publicQuestionCount":1},{"name":"Account Types — Partnership Accounts","publicQuestionCount":1},{"name":"Account Types — Tenants in Common","publicQuestionCount":1},{"name":"Account Types — Trust Accounts","publicQuestionCount":1},{"name":"Account Types — UGMA/UTMA Custodial Accounts","publicQuestionCount":1},{"name":"Account Types — UGMA/UTMA Restrictions","publicQuestionCount":1},{"name":"Account Types — UTMA vs. UGMA","publicQuestionCount":1},{"name":"Customer Profiles — Investment Objectives","publicQuestionCount":1},{"name":"Customer Profiles — KYC Requirements","publicQuestionCount":1},{"name":"Customer Profiles — Quantitative Suitability","publicQuestionCount":1},{"name":"Customer Profiles — Reasonable-Basis Suitability","publicQuestionCount":1},{"name":"Customer Profiles — Reg BI","publicQuestionCount":1},{"name":"Customer Profiles — Risk Tolerance","publicQuestionCount":1},{"name":"Customer Profiles — Suitability","publicQuestionCount":1},{"name":"Customer Profiles — Suitability Scenario","publicQuestionCount":1},{"name":"Customer Profiles — Updating Information","publicQuestionCount":1},{"name":"Customer Profiles and KYC 1","publicQuestionCount":1},{"name":"Customer Profiles and KYC 10","publicQuestionCount":1},{"name":"Customer Profiles and KYC 11","publicQuestionCount":1},{"name":"Customer Profiles and KYC 12","publicQuestionCount":1},{"name":"Customer Profiles and KYC 13","publicQuestionCount":1},{"name":"Customer Profiles and KYC 14","publicQuestionCount":1},{"name":"Customer Profiles and KYC 15","publicQuestionCount":1},{"name":"Customer Profiles and KYC 16","publicQuestionCount":1},{"name":"Customer Profiles and KYC 17","publicQuestionCount":1},{"name":"Customer Profiles and KYC 18","publicQuestionCount":1},{"name":"Customer Profiles and KYC 19","publicQuestionCount":1},{"name":"Customer Profiles and KYC 2","publicQuestionCount":1},{"name":"Customer Profiles and KYC 20","publicQuestionCount":1},{"name":"Customer Profiles and KYC 21","publicQuestionCount":1},{"name":"Customer Profiles and KYC 22","publicQuestionCount":1},{"name":"Customer Profiles and KYC 23","publicQuestionCount":1},{"name":"Customer Profiles and KYC 24","publicQuestionCount":1},{"name":"Customer Profiles and KYC 25","publicQuestionCount":1},{"name":"Customer Profiles and KYC 26","publicQuestionCount":1},{"name":"Customer Profiles and KYC 27","publicQuestionCount":1},{"name":"Customer Profiles and KYC 28","publicQuestionCount":1},{"name":"Customer Profiles and KYC 3","publicQuestionCount":1},{"name":"Customer Profiles and KYC 4","publicQuestionCount":1},{"name":"Customer Profiles and KYC 5","publicQuestionCount":1},{"name":"Customer Profiles and KYC 6","publicQuestionCount":1},{"name":"Customer Profiles and KYC 7","publicQuestionCount":1},{"name":"Customer Profiles and KYC 8","publicQuestionCount":1},{"name":"Customer Profiles and KYC 9","publicQuestionCount":1},{"name":"Discretion and Account Supervision 1","publicQuestionCount":1},{"name":"Discretion and Account Supervision 2","publicQuestionCount":1},{"name":"Discretion and Account Supervision 3","publicQuestionCount":1},{"name":"Discretion and Account Supervision 4","publicQuestionCount":1},{"name":"Discretionary Accounts — Authorization","publicQuestionCount":1},{"name":"Discretionary Accounts — Time and Price Exception","publicQuestionCount":1},{"name":"Discretionary Accounts — What Constitutes Discretion","publicQuestionCount":1},{"name":"Fiduciary Accounts — Characteristics","publicQuestionCount":1},{"name":"Fiduciary Accounts — Prudent Investor Rule","publicQuestionCount":1},{"name":"Margin Accounts — Initial Margin Requirement","publicQuestionCount":1},{"name":"Margin Accounts — Maintenance Margin","publicQuestionCount":1},{"name":"Margin Accounts — Margin Agreement Components","publicQuestionCount":1},{"name":"Margin Accounts — Margin Call Scenario","publicQuestionCount":1},{"name":"Margin Accounts — Non-Marginable Securities","publicQuestionCount":1},{"name":"Margin Accounts — Short Selling Margin","publicQuestionCount":1},{"name":"Options Account — Approval Process","publicQuestionCount":1},{"name":"Options Account — Options Levels","publicQuestionCount":1},{"name":"Power of Attorney — Limited vs. Full","publicQuestionCount":1},{"name":"Retirement Accounts — 401(k) Plans","publicQuestionCount":1},{"name":"Retirement Accounts — 403(b) Plans","publicQuestionCount":1},{"name":"Retirement Accounts — Early Withdrawal Penalty","publicQuestionCount":1},{"name":"Retirement Accounts — Required Minimum Distributions","publicQuestionCount":1},{"name":"Retirement Accounts — RMD Scenario","publicQuestionCount":1},{"name":"Retirement Accounts — Rollovers","publicQuestionCount":1},{"name":"Retirement Accounts — Roth Conversion Scenario","publicQuestionCount":1},{"name":"Retirement Accounts — Roth IRA Characteristics","publicQuestionCount":1},{"name":"Retirement Accounts — Roth IRA Eligibility","publicQuestionCount":1},{"name":"Retirement Accounts — SEP IRA","publicQuestionCount":1},{"name":"Retirement Accounts — SIMPLE IRA","publicQuestionCount":1},{"name":"Retirement Accounts — Traditional IRA Contributions","publicQuestionCount":1}],"observedDifficulty":{"missRatePct":3.6,"answerRecords":84,"distinctUsers":7,"dataThrough":"2026-07-31"}},{"section":3,"name":"Investment Information & Recommendations","drillPath":"/questions/series-7/topic/section-3","publicQuestionCount":474,"shareOfPublicBankPct":62.5,"topics":[{"name":"Packaged Products — Mutual Funds","publicQuestionCount":16},{"name":"Alternative Investments — DPPs","publicQuestionCount":9},{"name":"Packaged Products — Variable Annuities","publicQuestionCount":9},{"name":"Tax Implications — Capital Gains","publicQuestionCount":8},{"name":"Alternative Investments — REITs","publicQuestionCount":7},{"name":"Tax Implications — Municipal Bond Taxation","publicQuestionCount":7},{"name":"Margin Accounts — Long Margin","publicQuestionCount":6},{"name":"Alternative Investments — Hedge Funds","publicQuestionCount":5},{"name":"Margin Accounts — Short Margin","publicQuestionCount":5},{"name":"Packaged Products — ETFs","publicQuestionCount":5},{"name":"Tax Implications — Cost Basis","publicQuestionCount":5},{"name":"Tax Implications — Wash Sale Rule","publicQuestionCount":5},{"name":"Alternative Investments — Private Placements","publicQuestionCount":4},{"name":"Tax Implications — AMT","publicQuestionCount":4},{"name":"Tax Implications — Gift and Estate Tax","publicQuestionCount":4},{"name":"Tax Implications — Tax-Equivalent Yield","publicQuestionCount":4},{"name":"Margin Accounts — Margin Calls","publicQuestionCount":3},{"name":"Margin Accounts — Regulation T","publicQuestionCount":3},{"name":"Options — Protective Put Calculation","publicQuestionCount":3},{"name":"Packaged Products — Variable Life Insurance","publicQuestionCount":3},{"name":"Tax Implications — Dividend Taxation","publicQuestionCount":3},{"name":"Equity Securities — Common Stock — Scenario","publicQuestionCount":2},{"name":"Margin Accounts — Maintenance Margin","publicQuestionCount":2},{"name":"Margin Accounts — Pattern Day Trader","publicQuestionCount":2},{"name":"Margin Accounts — Restricted Accounts","publicQuestionCount":2},{"name":"Margin Accounts — SMA","publicQuestionCount":2},{"name":"Options — Bear Call Spread","publicQuestionCount":2},{"name":"Options — Breakeven Calculations","publicQuestionCount":2},{"name":"Options — Bull Call Spread","publicQuestionCount":2},{"name":"Options — Call Options Basics","publicQuestionCount":2},{"name":"Options — Call Options Calculation","publicQuestionCount":2},{"name":"Options — Call Options Max Gain/Loss","publicQuestionCount":2},{"name":"Options — Covered Call Calculation","publicQuestionCount":2},{"name":"Options — In/Out/At the Money","publicQuestionCount":2},{"name":"Options — Index Options","publicQuestionCount":2},{"name":"Options — Intrinsic Value","publicQuestionCount":2},{"name":"Options — Long Straddle","publicQuestionCount":2},{"name":"Options — Long Straddle Calculation","publicQuestionCount":2},{"name":"Options — Options Account Requirements","publicQuestionCount":2},{"name":"Options — Put Options Max Gain/Loss","publicQuestionCount":2},{"name":"Options — Short Straddle","publicQuestionCount":2},{"name":"Options — Strangles","publicQuestionCount":2},{"name":"Options — Tax Treatment","publicQuestionCount":2},{"name":"Packaged Products — UITs","publicQuestionCount":2},{"name":"ABS — Asset-Backed Securities","publicQuestionCount":1},{"name":"ABS — Credit Enhancement","publicQuestionCount":1},{"name":"ABS — Scenario — Credit Card ABS","publicQuestionCount":1},{"name":"ABS — Securitization Process","publicQuestionCount":1},{"name":"Analysis and Valuation 496","publicQuestionCount":1},{"name":"Analysis and Valuation 497","publicQuestionCount":1},{"name":"Analysis and Valuation 498","publicQuestionCount":1},{"name":"Analysis and Valuation 499","publicQuestionCount":1},{"name":"Analysis and Valuation 501","publicQuestionCount":1},{"name":"Analysis and Valuation 506","publicQuestionCount":1},{"name":"Analysis and Valuation 511","publicQuestionCount":1},{"name":"Analysis and Valuation 516","publicQuestionCount":1},{"name":"Analysis and Valuation 521","publicQuestionCount":1},{"name":"Analysis and Valuation 526","publicQuestionCount":1},{"name":"Analysis and Valuation 531","publicQuestionCount":1},{"name":"CDOs — Structure","publicQuestionCount":1},{"name":"CDOs — Tranche Risk","publicQuestionCount":1},{"name":"CMOs — Companion Tranches","publicQuestionCount":1},{"name":"CMOs — Extension Risk","publicQuestionCount":1},{"name":"CMOs — Interest-Only and Principal-Only Strips","publicQuestionCount":1},{"name":"CMOs — PAC Bonds","publicQuestionCount":1},{"name":"CMOs — Prepayment Risk","publicQuestionCount":1},{"name":"CMOs — Scenario — Investor Suitability","publicQuestionCount":1},{"name":"CMOs — Scenario — Rate Environment","publicQuestionCount":1},{"name":"CMOs — Tranches","publicQuestionCount":1},{"name":"CMOs — Z-Tranche","publicQuestionCount":1},{"name":"Debt Securities — Agency Bonds — FHLMC","publicQuestionCount":1},{"name":"Debt Securities — Agency Bonds — FNMA","publicQuestionCount":1},{"name":"Debt Securities — Agency Bonds — GNMA","publicQuestionCount":1},{"name":"Debt Securities — Bond Pricing — Accrued Interest","publicQuestionCount":1},{"name":"Debt Securities — Bond Pricing — Current Yield","publicQuestionCount":1},{"name":"Debt Securities — Bond Pricing — Premium and Discount","publicQuestionCount":1},{"name":"Debt Securities — Bond Pricing — Relationship","publicQuestionCount":1},{"name":"Debt Securities — Bond Pricing — Scenario","publicQuestionCount":1},{"name":"Debt Securities — Bond Yields — Yield Relationships","publicQuestionCount":1},{"name":"Debt Securities — Bond Yields — YTC","publicQuestionCount":1},{"name":"Debt Securities — Bond Yields — YTM","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Callable","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Convertible","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Convertible Bond Scenario","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Debentures","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Duration Concept","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Equipment Trust Certificate","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Income Bond","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Scenario","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Scenario — Current Yield","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Secured vs Unsecured","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Sinking Fund","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Subordinated Debenture","publicQuestionCount":1},{"name":"Debt Securities — Corporate Bonds — Zero-Coupon","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — AMT Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Assessment Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Competitive vs Negotiated","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Double-Barreled Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Flow of Funds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — GO Bond Analysis","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — GO Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Industrial Development Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Moral Obligation Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Official Statement","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Refunding","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Revenue Bond Covenants","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Revenue Bonds","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Tax Advantage Scenario","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Taxable Equivalent Yield","publicQuestionCount":1},{"name":"Debt Securities — Municipal Bonds — Taxable Equivalent Yield Scenario","publicQuestionCount":1},{"name":"Debt Securities — US Government — Agency Securities Tax Treatment","publicQuestionCount":1},{"name":"Debt Securities — US Government — I Bonds","publicQuestionCount":1},{"name":"Debt Securities — US Government — STRIPS","publicQuestionCount":1},{"name":"Debt Securities — US Government — STRIPS Taxation","publicQuestionCount":1},{"name":"Debt Securities — US Government — TIPS","publicQuestionCount":1},{"name":"Debt Securities — US Government — TIPS Scenario","publicQuestionCount":1},{"name":"Debt Securities — US Government — Treasury Auction","publicQuestionCount":1},{"name":"Debt Securities — US Government — Treasury Bills","publicQuestionCount":1},{"name":"Debt Securities — US Government — Treasury Bonds","publicQuestionCount":1},{"name":"Debt Securities — US Government — Treasury Notes","publicQuestionCount":1},{"name":"Debt Securities 76","publicQuestionCount":1},{"name":"Debt Securities 77","publicQuestionCount":1},{"name":"Debt Securities 78","publicQuestionCount":1},{"name":"Debt Securities 79","publicQuestionCount":1},{"name":"Debt Securities 80","publicQuestionCount":1},{"name":"Debt Securities 81","publicQuestionCount":1},{"name":"Direct Participation Programs 446","publicQuestionCount":1},{"name":"Direct Participation Programs 447","publicQuestionCount":1},{"name":"Direct Participation Programs 448","publicQuestionCount":1},{"name":"Direct Participation Programs 449","publicQuestionCount":1},{"name":"Direct Participation Programs 450","publicQuestionCount":1},{"name":"Equity Securities — ADRs","publicQuestionCount":1},{"name":"Equity Securities — ADRs — Currency Risk","publicQuestionCount":1},{"name":"Equity Securities — ADRs — Dividends","publicQuestionCount":1},{"name":"Equity Securities — ADRs — Sponsored vs Unsponsored","publicQuestionCount":1},{"name":"Equity Securities — Common Stock","publicQuestionCount":1},{"name":"Equity Securities — Common Stock — Book Value","publicQuestionCount":1},{"name":"Equity Securities — Common Stock — Dividends Scenario","publicQuestionCount":1},{"name":"Equity Securities — Common Stock — Ex-Dividend Scenario","publicQuestionCount":1},{"name":"Equity Securities — Common Stock — Liquidation Priority","publicQuestionCount":1},{"name":"Equity Securities — Common Stock — Statutory Voting","publicQuestionCount":1},{"name":"Equity Securities — Common Stock Dividends","publicQuestionCount":1},{"name":"Equity Securities — Cumulative Voting","publicQuestionCount":1},{"name":"Equity Securities — Preemptive Rights","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Adjustable Rate","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Callable","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Convertible","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Convertible Parity","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Cumulative","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Interest Rate Sensitivity","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Noncumulative","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Participating","publicQuestionCount":1},{"name":"Equity Securities — Preferred Stock — Scenario","publicQuestionCount":1},{"name":"Equity Securities — Reverse Split — Scenario","publicQuestionCount":1},{"name":"Equity Securities — Reverse Stock Split","publicQuestionCount":1},{"name":"Equity Securities — Rights","publicQuestionCount":1},{"name":"Equity Securities — Rights — Expiration","publicQuestionCount":1},{"name":"Equity Securities — Rights Offering — Scenario","publicQuestionCount":1},{"name":"Equity Securities — Rule 144 — Control Securities","publicQuestionCount":1},{"name":"Equity Securities — Rule 144 — Control Stock","publicQuestionCount":1},{"name":"Equity Securities — Rule 144 — Form 144 Filing","publicQuestionCount":1},{"name":"Equity Securities — Rule 144 — Non-Affiliates","publicQuestionCount":1},{"name":"Equity Securities — Rule 144 — Restricted Stock","publicQuestionCount":1},{"name":"Equity Securities — Stock Dividends","publicQuestionCount":1},{"name":"Equity Securities — Stock Splits","publicQuestionCount":1},{"name":"Equity Securities — Warrants","publicQuestionCount":1},{"name":"Equity Securities — Warrants — Attached to Bonds","publicQuestionCount":1},{"name":"Equity Securities — Warrants — Scenario","publicQuestionCount":1},{"name":"Equity Securities 1","publicQuestionCount":1},{"name":"Equity Securities 2","publicQuestionCount":1},{"name":"Equity Securities 3","publicQuestionCount":1},{"name":"Equity Securities 4","publicQuestionCount":1},{"name":"Equity Securities 5","publicQuestionCount":1},{"name":"Margin Accounts 1","publicQuestionCount":1},{"name":"Margin Accounts 12","publicQuestionCount":1},{"name":"Margin Accounts 16","publicQuestionCount":1},{"name":"Margin Accounts 2","publicQuestionCount":1},{"name":"Margin Accounts 20","publicQuestionCount":1},{"name":"Margin Accounts 24","publicQuestionCount":1},{"name":"Margin Accounts 3","publicQuestionCount":1},{"name":"Margin Accounts 4","publicQuestionCount":1},{"name":"Margin Accounts 5","publicQuestionCount":1},{"name":"Margin Accounts 6","publicQuestionCount":1},{"name":"Margin Accounts 7","publicQuestionCount":1},{"name":"Margin Accounts 8","publicQuestionCount":1},{"name":"Money Market — Banker's Acceptance — Scenario","publicQuestionCount":1},{"name":"Money Market — Banker's Acceptances","publicQuestionCount":1},{"name":"Money Market — Commercial Paper","publicQuestionCount":1},{"name":"Money Market — Commercial Paper — Scenario","publicQuestionCount":1},{"name":"Money Market — Federal Funds","publicQuestionCount":1},{"name":"Money Market — Federal Funds vs Discount Rate","publicQuestionCount":1},{"name":"Money Market — Negotiable CDs","publicQuestionCount":1},{"name":"Money Market — Negotiable CDs — Scenario","publicQuestionCount":1},{"name":"Money Market — Overview — Scenario","publicQuestionCount":1},{"name":"Money Market — Repos — Scenario","publicQuestionCount":1},{"name":"Money Market — Repurchase Agreements","publicQuestionCount":1},{"name":"Money Market — Reverse Repos","publicQuestionCount":1},{"name":"Mortgage-Backed Securities — Pass-Through","publicQuestionCount":1},{"name":"Mortgage-Backed Securities — Scenario","publicQuestionCount":1},{"name":"Mortgage-Backed Securities — Weighted Average Life","publicQuestionCount":1},{"name":"Options — Adjustments for Odd Stock Splits","publicQuestionCount":1},{"name":"Options — Adjustments for Stock Splits","publicQuestionCount":1},{"name":"Options — Approval Levels","publicQuestionCount":1},{"name":"Options — Assignment and Exercise","publicQuestionCount":1},{"name":"Options — Bear Call Spread Breakeven","publicQuestionCount":1},{"name":"Options — Bear Put Spread","publicQuestionCount":1},{"name":"Options — Bear Put Spread Calculation","publicQuestionCount":1},{"name":"Options — Bearish Strategies","publicQuestionCount":1},{"name":"Options — Bull Call Spread Breakeven","publicQuestionCount":1},{"name":"Options — Bull Call Spread Maximum Scenarios","publicQuestionCount":1},{"name":"Options — Bull Put Spread","publicQuestionCount":1},{"name":"Options — Bull Put Spread Breakeven","publicQuestionCount":1},{"name":"Options — Buying Calls as Leverage","publicQuestionCount":1},{"name":"Options — Calendar Spread","publicQuestionCount":1},{"name":"Options — Call Buyer Breakeven Scenario","publicQuestionCount":1},{"name":"Options — Call Buyer Scenario","publicQuestionCount":1},{"name":"Options — Call Writer Max Gain","publicQuestionCount":1},{"name":"Options — Closing Transactions","publicQuestionCount":1},{"name":"Options — Collar Calculation","publicQuestionCount":1},{"name":"Options — Collar Maximum Loss Scenario","publicQuestionCount":1},{"name":"Options — Collar Maximum Profit Scenario","publicQuestionCount":1},{"name":"Options — Collar Strategy","publicQuestionCount":1},{"name":"Options — Combination Strategy","publicQuestionCount":1},{"name":"Options — Comprehensive Scenario","publicQuestionCount":1},{"name":"Options — Contract Size","publicQuestionCount":1},{"name":"Options — Covered Call Max Loss","publicQuestionCount":1},{"name":"Options — Covered Call Opportunity Cost","publicQuestionCount":1},{"name":"Options — Covered Call Scenario","publicQuestionCount":1},{"name":"Options — Covered Call vs Uncovered Call","publicQuestionCount":1},{"name":"Options — Covered Call Writing","publicQuestionCount":1},{"name":"Options — Credit Spreads","publicQuestionCount":1},{"name":"Options — Debit vs Credit Spreads","publicQuestionCount":1},{"name":"Options — Diagonal Spread","publicQuestionCount":1},{"name":"Options — Early Exercise","publicQuestionCount":1},{"name":"Options — Exercise by Exception","publicQuestionCount":1},{"name":"Options — Hedging with Puts","publicQuestionCount":1},{"name":"Options — Index Option Settlement","publicQuestionCount":1},{"name":"Options — Index Options Calculation","publicQuestionCount":1},{"name":"Options — Interest Rate Impact","publicQuestionCount":1},{"name":"Options — Intrinsic Value Calculation","publicQuestionCount":1},{"name":"Options — LEAPS","publicQuestionCount":1},{"name":"Options — LEAPS Strategy","publicQuestionCount":1},{"name":"Options — LEAPS vs Standard Options","publicQuestionCount":1},{"name":"Options — Margin Requirements","publicQuestionCount":1},{"name":"Options — Multiple Contracts Calculation","publicQuestionCount":1},{"name":"Options — OCC Role","publicQuestionCount":1},{"name":"Options — Option Premiums","publicQuestionCount":1},{"name":"Options — Options Account Opening","publicQuestionCount":1},{"name":"Options — Options Expiration","publicQuestionCount":1},{"name":"Options — Options on ETFs","publicQuestionCount":1},{"name":"Options — Options Strategies Suitability","publicQuestionCount":1},{"name":"Options — Position Limits","publicQuestionCount":1},{"name":"Options — Protective Put","publicQuestionCount":1},{"name":"Options — Protective Put vs Covered Call","publicQuestionCount":1},{"name":"Options — Put Buyer Scenario","publicQuestionCount":1},{"name":"Options — Put Options Basics","publicQuestionCount":1},{"name":"Options — Put Options Calculation","publicQuestionCount":1},{"name":"Options — Put Writer Max Gain","publicQuestionCount":1},{"name":"Options — Same Side of Market","publicQuestionCount":1},{"name":"Options — Selling Before Expiration","publicQuestionCount":1},{"name":"Options — Short Straddle Breakeven","publicQuestionCount":1},{"name":"Options — Short Straddle Calculation","publicQuestionCount":1},{"name":"Options — Spread Breakeven","publicQuestionCount":1},{"name":"Options — Spread Identification","publicQuestionCount":1},{"name":"Options — Spread Strategy Identification","publicQuestionCount":1},{"name":"Options — Spread Terminology","publicQuestionCount":1},{"name":"Options — Straddle Maximum Loss","publicQuestionCount":1},{"name":"Options — Strangle Calculation","publicQuestionCount":1},{"name":"Options — Synthetic Positions","publicQuestionCount":1},{"name":"Options — Tax Treatment of Covered Calls","publicQuestionCount":1},{"name":"Options — Tax Treatment of Puts","publicQuestionCount":1},{"name":"Options — Tax Treatment of Writer","publicQuestionCount":1},{"name":"Options — Time Value Decay","publicQuestionCount":1},{"name":"Options — Uncovered Call Breakeven","publicQuestionCount":1},{"name":"Options — Uncovered Call Writing","publicQuestionCount":1},{"name":"Options — Uncovered Put Breakeven","publicQuestionCount":1},{"name":"Options — Uncovered Put Writing","publicQuestionCount":1},{"name":"Options — Volatility Impact","publicQuestionCount":1},{"name":"Options — Writing Calls Scenario","publicQuestionCount":1},{"name":"Options — Writing Covered Calls Income","publicQuestionCount":1},{"name":"Options — Writing Puts","publicQuestionCount":1},{"name":"Options — Writing Puts for Acquisition","publicQuestionCount":1},{"name":"Options — Writing Puts Scenario","publicQuestionCount":1},{"name":"Options Calculations 1","publicQuestionCount":1},{"name":"Options Calculations 10","publicQuestionCount":1},{"name":"Options Calculations 11","publicQuestionCount":1},{"name":"Options Calculations 12","publicQuestionCount":1},{"name":"Options Calculations 13","publicQuestionCount":1},{"name":"Options Calculations 14","publicQuestionCount":1},{"name":"Options Calculations 15","publicQuestionCount":1},{"name":"Options Calculations 16","publicQuestionCount":1},{"name":"Options Calculations 17","publicQuestionCount":1},{"name":"Options Calculations 18","publicQuestionCount":1},{"name":"Options Calculations 19","publicQuestionCount":1},{"name":"Options Calculations 2","publicQuestionCount":1},{"name":"Options Calculations 20","publicQuestionCount":1},{"name":"Options Calculations 21","publicQuestionCount":1},{"name":"Options Calculations 22","publicQuestionCount":1},{"name":"Options Calculations 23","publicQuestionCount":1},{"name":"Options Calculations 24","publicQuestionCount":1},{"name":"Options Calculations 25","publicQuestionCount":1},{"name":"Options Calculations 26","publicQuestionCount":1},{"name":"Options Calculations 27","publicQuestionCount":1},{"name":"Options Calculations 28","publicQuestionCount":1},{"name":"Options Calculations 29","publicQuestionCount":1},{"name":"Options Calculations 3","publicQuestionCount":1},{"name":"Options Calculations 30","publicQuestionCount":1},{"name":"Options Calculations 31","publicQuestionCount":1},{"name":"Options Calculations 32","publicQuestionCount":1},{"name":"Options Calculations 33","publicQuestionCount":1},{"name":"Options Calculations 34","publicQuestionCount":1},{"name":"Options Calculations 35","publicQuestionCount":1},{"name":"Options Calculations 36","publicQuestionCount":1},{"name":"Options Calculations 37","publicQuestionCount":1},{"name":"Options Calculations 38","publicQuestionCount":1},{"name":"Options Calculations 39","publicQuestionCount":1},{"name":"Options Calculations 4","publicQuestionCount":1},{"name":"Options Calculations 40","publicQuestionCount":1},{"name":"Options Calculations 5","publicQuestionCount":1},{"name":"Options Calculations 6","publicQuestionCount":1},{"name":"Options Calculations 7","publicQuestionCount":1},{"name":"Options Calculations 8","publicQuestionCount":1},{"name":"Options Calculations 9","publicQuestionCount":1},{"name":"Packaged Securities 176","publicQuestionCount":1},{"name":"Packaged Securities 177","publicQuestionCount":1},{"name":"Packaged Securities 178","publicQuestionCount":1},{"name":"Packaged Securities 179","publicQuestionCount":1},{"name":"Packaged Securities 180","publicQuestionCount":1},{"name":"Portfolio Management 646","publicQuestionCount":1},{"name":"Portfolio Management 647","publicQuestionCount":1},{"name":"Portfolio Management 649","publicQuestionCount":1},{"name":"Portfolio Management 650","publicQuestionCount":1},{"name":"Retirement Plans 376","publicQuestionCount":1},{"name":"Retirement Plans 377","publicQuestionCount":1},{"name":"Retirement Plans 378","publicQuestionCount":1},{"name":"Retirement Plans 379","publicQuestionCount":1},{"name":"Retirement Plans 380","publicQuestionCount":1},{"name":"Retirement Plans 381","publicQuestionCount":1},{"name":"Retirement Plans 382","publicQuestionCount":1},{"name":"Retirement Plans 386","publicQuestionCount":1},{"name":"Retirement Plans 387","publicQuestionCount":1},{"name":"Retirement Plans 391","publicQuestionCount":1},{"name":"Retirement Plans 392","publicQuestionCount":1},{"name":"Retirement Plans 396","publicQuestionCount":1},{"name":"Retirement Plans 397","publicQuestionCount":1},{"name":"Retirement Plans 401","publicQuestionCount":1},{"name":"Retirement Plans 402","publicQuestionCount":1},{"name":"Retirement Plans 406","publicQuestionCount":1},{"name":"Retirement Plans 407","publicQuestionCount":1},{"name":"Tax Implications 691","publicQuestionCount":1},{"name":"Tax Implications 692","publicQuestionCount":1},{"name":"Tax Implications 693","publicQuestionCount":1},{"name":"Tax Implications 694","publicQuestionCount":1},{"name":"Tax Implications 695","publicQuestionCount":1}],"observedDifficulty":{"missRatePct":18.7,"answerRecords":502,"distinctUsers":8,"dataThrough":"2026-07-31"}},{"section":4,"name":"Order Processing & Trade Settlement","drillPath":"/questions/series-7/topic/section-4","publicQuestionCount":40,"shareOfPublicBankPct":5.3,"topics":[{"name":"Account Activity and Risks 1","publicQuestionCount":1},{"name":"Best Execution Obligation","publicQuestionCount":1},{"name":"Clearing Corporations — NSCC/DTCC","publicQuestionCount":1},{"name":"Corporate Actions — Reverse Stock Splits","publicQuestionCount":1},{"name":"Corporate Actions — Stock Dividends","publicQuestionCount":1},{"name":"Corporate Actions — Stock Splits","publicQuestionCount":1},{"name":"Customer Account Statements","publicQuestionCount":1},{"name":"Ex-Dividend Dates","publicQuestionCount":1},{"name":"Ex-Dividend Dates — Scenario","publicQuestionCount":1},{"name":"Good Delivery — Bond Requirements","publicQuestionCount":1},{"name":"Good Delivery Requirements","publicQuestionCount":1},{"name":"Margin and Short Sales 1","publicQuestionCount":1},{"name":"Order Execution — Limit Order Book","publicQuestionCount":1},{"name":"Order Types — AON Orders","publicQuestionCount":1},{"name":"Order Types — Buy Stop Orders","publicQuestionCount":1},{"name":"Order Types — FOK and AON","publicQuestionCount":1},{"name":"Order Types — GTC and Day Orders","publicQuestionCount":1},{"name":"Order Types — Limit Orders","publicQuestionCount":1},{"name":"Order Types — Market Orders","publicQuestionCount":1},{"name":"Order Types — Stop Orders","publicQuestionCount":1},{"name":"Order Types — Stop-Limit Orders","publicQuestionCount":1},{"name":"Order Types 1","publicQuestionCount":1},{"name":"Proxy Voting and Transfer Agents","publicQuestionCount":1},{"name":"Record Date and Payment Date","publicQuestionCount":1},{"name":"Rights Offerings","publicQuestionCount":1},{"name":"Settlement and Confirmations 1","publicQuestionCount":1},{"name":"Tender Offers","publicQuestionCount":1},{"name":"Trade Confirmations","publicQuestionCount":1},{"name":"Trade Confirmations — Agency vs. Principal","publicQuestionCount":1},{"name":"Trade Confirmations — Required Disclosures","publicQuestionCount":1},{"name":"Trade Reporting — OATS","publicQuestionCount":1},{"name":"Trade Reporting — TRACE","publicQuestionCount":1},{"name":"Trade Reporting and Books 1","publicQuestionCount":1},{"name":"Trade Settlement — Cash Settlement","publicQuestionCount":1},{"name":"Trade Settlement — Government Securities","publicQuestionCount":1},{"name":"Trade Settlement — Municipal Bonds","publicQuestionCount":1},{"name":"Trade Settlement — Options","publicQuestionCount":1},{"name":"Trade Settlement — Regular Way","publicQuestionCount":1},{"name":"Trade Settlement — Seller's Option","publicQuestionCount":1},{"name":"When-Issued Trading","publicQuestionCount":1}],"observedDifficulty":{"missRatePct":20,"answerRecords":65,"distinctUsers":5,"dataThrough":"2026-07-31"}}],"methodology":"Counts are computed from quality-gated public question pages and their checked-in LTB section and topic metadata. Duplicate or incomplete questions excluded by the public-page quality gate are not counted as public coverage.","limitation":"This is an LTB topic-coverage inventory mapped at the broad section-label level to the linked official outline. It is not a line-by-line mapping to every official objective, does not claim that question count equals exam readiness, and is not an endorsement or coverage certification by FINRA or NASAA."},{"schemaVersion":1,"generatedAt":"2026-08-03T03:35:57.681Z","bankUpdatedOn":"2026-07-03","exam":{"slug":"series-63","shortName":"Series 63"},"officialOutlineUrl":"https://www.nasaa.org/exams/general-exam-information/series-63-exam-content-outline/","officialAuthority":"NASAA","publicBankQuestions":646,"checkedInBankQuestions":1052,"sections":[{"section":1,"name":"Regulation of Investment Advisers","drillPath":"/questions/series-63/topic/section-1","publicQuestionCount":84,"shareOfPublicBankPct":13,"topics":[{"name":"Definition of Investment Adviser — Exclusions","publicQuestionCount":6},{"name":"Investment Adviser Representatives — Exclusions from Definition","publicQuestionCount":4},{"name":"Definition of Investment Adviser — Compensation Element","publicQuestionCount":3},{"name":"Definition of Investment Adviser — General Definition","publicQuestionCount":3},{"name":"Definition of Investment Adviser — Compensation Requirement","publicQuestionCount":2},{"name":"Definition of Investment Adviser — Exclusions and Dual Registration","publicQuestionCount":2},{"name":"Definition of Investment Adviser — Media Exclusion","publicQuestionCount":2},{"name":"Definition of Investment Adviser — Multi-State Business and Exemptions","publicQuestionCount":2},{"name":"Definition of Investment Adviser — Professionals Excluded","publicQuestionCount":2},{"name":"Definition of Investment Adviser — Scope of Advice","publicQuestionCount":2},{"name":"Definition of Investment Adviser and Requirement to Register","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Administrator’s Authority to Deny Exemptions","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Adviser to Institutions","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — De Minimis Exemption","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Exclusion for Banks","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Exclusion for Banks and Bank Holding Companies","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Exclusion for Certain Professionals","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Institutional Clients","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Intrastate Adviser Exemption","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Private Adviser and Institutional Client Exemptions","publicQuestionCount":2},{"name":"IA Exemptions and Exclusions — Publishers Exclusion","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Administrator's Disciplinary Powers","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Compensation and Activities","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Definition","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Definition and State Registration","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Registration and Exemptions","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Registration Requirement","publicQuestionCount":2},{"name":"Investment Adviser Representatives — State Jurisdiction","publicQuestionCount":2},{"name":"Investment Adviser Representatives — Termination Procedures","publicQuestionCount":2},{"name":"Registration Process for Investment Advisers","publicQuestionCount":2},{"name":"Registration Requirements for IAs — Administrator's Powers and Exemptions","publicQuestionCount":2},{"name":"Registration Requirements for IAs — Exclusions from Definition","publicQuestionCount":2},{"name":"Registration Requirements for IAs — Exemptions for Institutional Clients","publicQuestionCount":2},{"name":"Registration Requirements for IAs — Multi-State Operations and Notice Filing","publicQuestionCount":2},{"name":"Registration Requirements for IAs — Place of Business","publicQuestionCount":2},{"name":"Registration Requirements for IAs — State vs. Federal Registration","publicQuestionCount":2},{"name":"Registration Requirements for IAs — Successor Firms","publicQuestionCount":2},{"name":"State Registration Exemptions","publicQuestionCount":2}],"observedDifficulty":{"missRatePct":27.3,"answerRecords":150,"distinctUsers":5,"dataThrough":"2026-08-01"}},{"section":2,"name":"Regulation of Broker-Dealers & Agents","drillPath":"/questions/series-63/topic/section-2","publicQuestionCount":179,"shareOfPublicBankPct":27.7,"topics":[{"name":"Agent Registration — Scenario","publicQuestionCount":16},{"name":"Broker-Dealer Registration — Requirements","publicQuestionCount":12},{"name":"Exemptions — Scenario","publicQuestionCount":9},{"name":"Prohibited Practices — Scenario","publicQuestionCount":9},{"name":"Broker-Dealer Registration — Scenario","publicQuestionCount":8},{"name":"Agent Definition","publicQuestionCount":4},{"name":"Agent Definition — Exclusions","publicQuestionCount":4},{"name":"Agent Definition — Scenario","publicQuestionCount":4},{"name":"Agent Registration — Dual Registration","publicQuestionCount":4},{"name":"Agent Registration — Exemptions","publicQuestionCount":4},{"name":"Agent Registration — Issuer Agents","publicQuestionCount":4},{"name":"Agent Registration — Requirements","publicQuestionCount":4},{"name":"Agent Registration — Termination","publicQuestionCount":4},{"name":"Agent Registration — Transfer","publicQuestionCount":4},{"name":"Agent Registration — When Required","publicQuestionCount":4},{"name":"Broker-Dealer Definition — Exclusions","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Administrator Authority","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Consent to Service of Process","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Effective Dates","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Financial Requirements","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Process","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Record Keeping","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Renewal","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Successor Firms","publicQuestionCount":4},{"name":"Broker-Dealer Registration — Withdrawal","publicQuestionCount":4},{"name":"Agent Registration — Renewal","publicQuestionCount":3},{"name":"Exemptions — Agents of Exempt Broker-Dealers","publicQuestionCount":3},{"name":"Exemptions — Broker-Dealer Exemptions","publicQuestionCount":3},{"name":"Exemptions — Broker-Dealers with No Office in State","publicQuestionCount":3},{"name":"Exemptions — Canadian Broker-Dealers","publicQuestionCount":3},{"name":"Exemptions — Federal Covered Advisers","publicQuestionCount":3},{"name":"Exemptions — Institutional Investors","publicQuestionCount":3},{"name":"Exemptions — Notice Filing","publicQuestionCount":3},{"name":"Prohibited Practices — Borrowing/Lending","publicQuestionCount":3},{"name":"Prohibited Practices — Churning","publicQuestionCount":3},{"name":"Prohibited Practices — Commingling Funds","publicQuestionCount":3},{"name":"Prohibited Practices — Selling Away","publicQuestionCount":3},{"name":"Prohibited Practices — Sharing in Customer Accounts","publicQuestionCount":3},{"name":"Prohibited Practices — Unauthorized Transactions","publicQuestionCount":3},{"name":"Prohibited Practices — Unsuitable Recommendations","publicQuestionCount":3}],"observedDifficulty":{"missRatePct":20.1,"answerRecords":298,"distinctUsers":5,"dataThrough":"2026-08-01"}},{"section":3,"name":"Regulation of Securities & Issuers","drillPath":"/questions/series-63/topic/section-3","publicQuestionCount":263,"shareOfPublicBankPct":40.7,"topics":[{"name":"Securities Registration — Coordination","publicQuestionCount":23},{"name":"Securities Registration — Notification/Filing","publicQuestionCount":18},{"name":"Securities Registration — Qualification","publicQuestionCount":18},{"name":"Securities Registration — Stop Orders","publicQuestionCount":17},{"name":"Federal/State Coordination — Notice Filing","publicQuestionCount":15},{"name":"Securities Registration — Effective Dates","publicQuestionCount":12},{"name":"Exempt Securities — Bank Securities","publicQuestionCount":10},{"name":"Exempt Securities — Federal Covered Securities","publicQuestionCount":10},{"name":"Exempt Securities — Government/Municipal Securities","publicQuestionCount":10},{"name":"Exempt Securities — Investment Company Securities","publicQuestionCount":10},{"name":"Exempt Securities — Nonprofit Securities","publicQuestionCount":10},{"name":"Exempt Transactions — Existing Security Holders","publicQuestionCount":10},{"name":"Exempt Transactions — Institutional Buyers","publicQuestionCount":10},{"name":"Exempt Transactions — Isolated Non-Issuer Transactions","publicQuestionCount":10},{"name":"Exempt Transactions — Preorganization Certificates","publicQuestionCount":10},{"name":"Exempt Transactions — Private Placements","publicQuestionCount":10},{"name":"Exempt Transactions — Unsolicited Brokerage Transactions","publicQuestionCount":10},{"name":"Federal/State Coordination — Blue Sky Laws vs Federal","publicQuestionCount":10},{"name":"Federal/State Coordination — NSMIA","publicQuestionCount":10},{"name":"Federal/State Coordination — State Antifraud Authority","publicQuestionCount":10},{"name":"Exempt Securities — Canadian Securities Exemption","publicQuestionCount":5},{"name":"Exempt Securities — Insurance Policies","publicQuestionCount":5},{"name":"Federal/State Coordination — Blue Sky Laws","publicQuestionCount":5},{"name":"Federal/State Coordination — Federal Covered Securities","publicQuestionCount":5}],"observedDifficulty":{"missRatePct":24.7,"answerRecords":380,"distinctUsers":5,"dataThrough":"2026-08-01"}},{"section":4,"name":"Remedies & Administrative Provisions","drillPath":"/questions/series-63/topic/section-4","publicQuestionCount":120,"shareOfPublicBankPct":18.6,"topics":[{"name":"Administrator Powers — Grounds for Denial","publicQuestionCount":6},{"name":"Criminal Penalties — Scenario","publicQuestionCount":6},{"name":"Administrative Procedures — Cooperation Between States","publicQuestionCount":3},{"name":"Administrative Procedures — Federal Law Preemption","publicQuestionCount":3},{"name":"Administrative Procedures — Hearing Procedures Scenario","publicQuestionCount":3},{"name":"Administrative Procedures — Judicial Review","publicQuestionCount":3},{"name":"Administrative Procedures — Records and Reports","publicQuestionCount":3},{"name":"Administrative Procedures — Right to a Hearing","publicQuestionCount":3},{"name":"Administrative Procedures — Service of Process","publicQuestionCount":3},{"name":"Administrative Procedures — Summary Suspension","publicQuestionCount":3},{"name":"Administrator Powers — Authority","publicQuestionCount":3},{"name":"Administrator Powers — Cancellation vs. Revocation","publicQuestionCount":3},{"name":"Administrator Powers — Cease and Desist","publicQuestionCount":3},{"name":"Administrator Powers — Felony Convictions","publicQuestionCount":3},{"name":"Administrator Powers — Insolvency","publicQuestionCount":3},{"name":"Administrator Powers — Jurisdiction","publicQuestionCount":3},{"name":"Administrator Powers — Penalties","publicQuestionCount":3},{"name":"Administrator Powers — Qualification","publicQuestionCount":3},{"name":"Administrator Powers — Subpoena","publicQuestionCount":3},{"name":"Administrator Powers — Willful Violations","publicQuestionCount":3},{"name":"Civil Liabilities — Buyer's Remedies for Fraud","publicQuestionCount":3},{"name":"Civil Liabilities — Joint and Several Liability","publicQuestionCount":3},{"name":"Civil Liabilities — Measure of Damages","publicQuestionCount":3},{"name":"Civil Liabilities — Rescission Offer","publicQuestionCount":3},{"name":"Civil Liabilities — Rescission Rights","publicQuestionCount":3},{"name":"Civil Liabilities — Seller's Defense","publicQuestionCount":3},{"name":"Civil Liabilities — Seller's Defense for Fraud","publicQuestionCount":3},{"name":"Civil Liabilities — Statute of Limitations","publicQuestionCount":3},{"name":"Civil Liabilities — Statute of Limitations Scenario","publicQuestionCount":3},{"name":"Civil Liabilities — Unregistered Securities","publicQuestionCount":3},{"name":"Criminal Penalties — Burden of Proof","publicQuestionCount":3},{"name":"Criminal Penalties — Burden of Proof Comparison","publicQuestionCount":3},{"name":"Criminal Penalties — Concurrent Actions","publicQuestionCount":3},{"name":"Criminal Penalties — Fines and Imprisonment","publicQuestionCount":3},{"name":"Criminal Penalties — Knowledge Defense","publicQuestionCount":3},{"name":"Criminal Penalties — Statute of Limitations","publicQuestionCount":3},{"name":"Criminal Penalties — Who Initiates Prosecution","publicQuestionCount":3},{"name":"Criminal Penalties — Willful Violations","publicQuestionCount":3}],"observedDifficulty":{"missRatePct":21.9,"answerRecords":479,"distinctUsers":5,"dataThrough":"2026-08-01"}}],"methodology":"Counts are computed from quality-gated public question pages and their checked-in LTB section and topic metadata. Duplicate or incomplete questions excluded by the public-page quality gate are not counted as public coverage.","limitation":"This is an LTB topic-coverage inventory mapped at the broad section-label level to the linked official outline. It is not a line-by-line mapping to every official objective, does not claim that question count equals exam readiness, and is not an endorsement or coverage certification by FINRA or NASAA."},{"schemaVersion":1,"generatedAt":"2026-08-03T03:35:57.697Z","bankUpdatedOn":"2026-07-03","exam":{"slug":"series-79","shortName":"Series 79"},"officialOutlineUrl":"https://www.finra.org/registration-exams-ce/qualification-exams/series79","officialAuthority":"FINRA","publicBankQuestions":477,"checkedInBankQuestions":1000,"sections":[{"section":1,"name":"Collection, Analysis & Evaluation of Data","drillPath":"/questions/series-79/topic/section-1","publicQuestionCount":139,"shareOfPublicBankPct":29.1,"topics":[{"name":"Financial Statement Analysis","publicQuestionCount":33},{"name":"Valuation Methods","publicQuestionCount":14},{"name":"Capital Structure Analysis","publicQuestionCount":13},{"name":"Due Diligence","publicQuestionCount":12},{"name":"Financial Modeling","publicQuestionCount":12},{"name":"Comparable Company Analysis","publicQuestionCount":8},{"name":"DCF Analysis","publicQuestionCount":8},{"name":"Industry/Sector Analysis","publicQuestionCount":8},{"name":"Enterprise Value vs Equity Value","publicQuestionCount":6},{"name":"Precedent Transaction Analysis","publicQuestionCount":6},{"name":"WACC and Cost of Capital","publicQuestionCount":5},{"name":"Accretion/Dilution Analysis","publicQuestionCount":4},{"name":"Terminal Value Calculation","publicQuestionCount":4},{"name":"Pro Forma Financial Statements","publicQuestionCount":3},{"name":"Due Diligence Process","publicQuestionCount":2},{"name":"Credit Analysis","publicQuestionCount":1}],"observedDifficulty":{"missRatePct":27.5,"answerRecords":669,"distinctUsers":5,"dataThrough":"2026-07-10"}},{"section":2,"name":"Underwriting & New Financing","drillPath":"/questions/series-79/topic/section-2","publicQuestionCount":147,"shareOfPublicBankPct":30.8,"topics":[{"name":"IPO Process","publicQuestionCount":10},{"name":"SEC Registration Statements","publicQuestionCount":8},{"name":"Underwriting Agreements","publicQuestionCount":8},{"name":"Regulation D","publicQuestionCount":6},{"name":"Best Efforts vs Firm Commitment","publicQuestionCount":5},{"name":"Book Building and Pricing","publicQuestionCount":5},{"name":"Debt Offerings","publicQuestionCount":5},{"name":"Municipal Securities","publicQuestionCount":5},{"name":"Private Placements","publicQuestionCount":5},{"name":"Prospectus Requirements","publicQuestionCount":5},{"name":"Registration","publicQuestionCount":5},{"name":"Stabilization","publicQuestionCount":5},{"name":"Stabilization and Aftermarket","publicQuestionCount":5},{"name":"Syndicate Formation","publicQuestionCount":5},{"name":"Underwriting Process","publicQuestionCount":5},{"name":"Follow-On Offerings","publicQuestionCount":4},{"name":"Green Shoe Option","publicQuestionCount":4},{"name":"PIPE Transactions","publicQuestionCount":4},{"name":"Quiet Period","publicQuestionCount":4},{"name":"Rule 144","publicQuestionCount":4},{"name":"Section 11 and Section 12 Liability","publicQuestionCount":4},{"name":"Shelf Registration","publicQuestionCount":4},{"name":"Syndicate and Selling Groups","publicQuestionCount":4},{"name":"Types of Offerings","publicQuestionCount":4},{"name":"Due Diligence Defense","publicQuestionCount":3},{"name":"Equity and Debt Capital Markets","publicQuestionCount":3},{"name":"Free Writing Prospectus","publicQuestionCount":3},{"name":"Lock-Up Agreements","publicQuestionCount":3},{"name":"Regulation S","publicQuestionCount":3},{"name":"Rule 144A","publicQuestionCount":3},{"name":"Blue Sky Laws","publicQuestionCount":2},{"name":"Convertible Securities","publicQuestionCount":2},{"name":"Book Building Process","publicQuestionCount":1},{"name":"High Yield Bonds","publicQuestionCount":1}],"observedDifficulty":null},{"section":3,"name":"M&A, Tender Offers & Restructuring","drillPath":"/questions/series-79/topic/section-3","publicQuestionCount":91,"shareOfPublicBankPct":19.1,"topics":[{"name":"Anti-Takeover Defenses","publicQuestionCount":6},{"name":"Deal Protections","publicQuestionCount":6},{"name":"Fairness Opinions","publicQuestionCount":5},{"name":"Leveraged Buyouts","publicQuestionCount":5},{"name":"Merger Consideration","publicQuestionCount":5},{"name":"Merger Types","publicQuestionCount":5},{"name":"Williams Act and Tender Offer Regulation","publicQuestionCount":5},{"name":"Going-Private Transactions","publicQuestionCount":4},{"name":"Hart-Scott-Rodino Act","publicQuestionCount":4},{"name":"Schedule TO and Schedule 14D-9","publicQuestionCount":4},{"name":"Squeeze-Out Mergers and Appraisal Rights","publicQuestionCount":4},{"name":"Stock vs Asset Purchases","publicQuestionCount":4},{"name":"Earnouts","publicQuestionCount":3},{"name":"Management Buyouts","publicQuestionCount":3},{"name":"Material Adverse Change Clauses","publicQuestionCount":3},{"name":"Representations and Warranties","publicQuestionCount":3},{"name":"Tender Offer Rules","publicQuestionCount":3},{"name":"Accretion and Dilution Analysis","publicQuestionCount":2},{"name":"Hart-Scott-Rodino","publicQuestionCount":2},{"name":"LBOs and MBOs","publicQuestionCount":2},{"name":"Tender Offers","publicQuestionCount":2},{"name":"Anti-takeover Defenses","publicQuestionCount":1},{"name":"Appraisal Rights","publicQuestionCount":1},{"name":"Cross-border M&A","publicQuestionCount":1},{"name":"Divestitures and Spin-offs","publicQuestionCount":1},{"name":"Going Private Transactions","publicQuestionCount":1},{"name":"Hostile vs Friendly Transactions","publicQuestionCount":1},{"name":"Integration Planning","publicQuestionCount":1},{"name":"Proxy Contests","publicQuestionCount":1},{"name":"SPAC Transactions","publicQuestionCount":1},{"name":"Types of M&A Transactions","publicQuestionCount":1},{"name":"Williams Act","publicQuestionCount":1}],"observedDifficulty":null},{"section":4,"name":"Section 4","drillPath":"/questions/series-79/topic/section-4","publicQuestionCount":100,"shareOfPublicBankPct":21,"topics":[{"name":"Chinese Walls / Information Barriers","publicQuestionCount":14},{"name":"MNPI and Insider Trading","publicQuestionCount":14},{"name":"SEC Enforcement Actions","publicQuestionCount":13},{"name":"Anti-Money Laundering in IB Context","publicQuestionCount":9},{"name":"Books and Records Requirements","publicQuestionCount":9},{"name":"Broker-Dealer Registration","publicQuestionCount":9},{"name":"FINRA Rules Applicable to Investment Banking","publicQuestionCount":9},{"name":"Supervision Requirements","publicQuestionCount":9},{"name":"Research Analyst Conflicts","publicQuestionCount":7},{"name":"Business Continuity Planning","publicQuestionCount":4},{"name":"Research Analyst Conflicts (Global Settlement)","publicQuestionCount":1},{"name":"Sarbanes-Oxley Provisions Relevant to IB","publicQuestionCount":1},{"name":"SRO Oversight Structure","publicQuestionCount":1}],"observedDifficulty":null}],"methodology":"Counts are computed from quality-gated public question pages and their checked-in LTB section and topic metadata. Duplicate or incomplete questions excluded by the public-page quality gate are not counted as public coverage.","limitation":"This is an LTB topic-coverage inventory mapped at the broad section-label level to the linked official outline. It is not a line-by-line mapping to every official objective, does not claim that question count equals exam readiness, and is not an endorsement or coverage certification by FINRA or NASAA."}]}