SIE Exam Lesson 30 - a podcast by Franz

SIE Exam Lesson 30 Securities Trading Markets pt 2
In this lesson we continue to learn about the trading markets what you need to understand in order to pass the securities industries essentials exam, the SIE exam.Securities Industry Essentials SIE Exam Sample Lesson 30 is another portion (about 1/4 to 1/2 of the full lesson) that we will share with you for the new 36 hour and 35 min audio course"Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam"and this is Securities Industry Essentials SIE Exam Sample Lesson 30
The full course details:Total Course 36 hour
36 hours 53 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam58 Audio Lessons for Securities Industry Essentials Exam

13 Bonus Lessons about the finance industrySecurities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam

 New Series 7 Exam and SIE Exam details.

Here is a link to the table of ContentsHere is what my customers say about my audio lessons
TestimonialsFINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE

Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.https://www.finra.org/industry/series7

However now all candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Odd Series 7 Exam. In a series7 candidate must also have an industry sponsor in order to take the examination tot to take the SIE Exam the candidate simply needs to be 18 years old and

no broker affiliation is needed..https://www.finra.org/industry/essentials-exam

“Securities Industry Essentials (SIE) ExamAvailable Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industryprofessionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to

working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and theirfunctions; and prohibited practices.
Key Features of the Essentials Exam________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industryknowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.• Essentials exam results are valid for four years.
The Essentials Exam at a Glance________________________________________
Number of Items 75Format Multiple Choice
Duration 105 minutesPassing Score 70%
Cost $60”New Series 7 Exam
“On or After October 1, 2018The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The

outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for eachmain job function.
Major Job Functions Percentage of Test Questions Number of Test Questions(F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
(F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11(F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
(F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14TOTAL 100% 125”

The five job functions of the new Series 7 General Securities Representative Exam wi...

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