How To Register For The Sie Exam

Your Commencement Stride to a Career in the Securities Industry

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Overview

The Securities Industry Essentials^® (SIE^®) Exam is a FINRA exam for prospective securities industry professionals. This introductory-level examination 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 their functions; and prohibited practices.

The SIE is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic manufacture knowledge to prospective employers. Association with a firm is not required to take the SIE, and results are valid for four years.

Passing the SIE alone does not authorize an private for registration with a FINRA member firm or to engage in securities business. In lodge to go registered to appoint in securities business, an individual must pass the SIE and a qualification exam advisable for the blazon of business the individual volition engage in. The individual must exist associated with a member firm to take a qualification examination.

At A Glance

Number of Questions: 75
Format: Multiple Choice
Duration: 1 hr and 45 minutes
Passing Score: 70
Cost: $80

Enrollment Options

For the best feel, delight utilise a Windows laptop or desktop. Users have reported issues enrolling on Mac, mobile and tablet devices.

Students, individuals considering a securities-industry career, and formerly registered individuals who exercise not have SIE credit can enroll themselves for the SIE. To take the SIE:

Create an account.
Enroll for the SIE, paying with credit bill of fare or ACH, or past redeeming a voucher.
Schedule your exam. Y'all have the pick to test either at a Prometric examination centre or online.

For more information, review the self-enrollment FAQ.

Organizations with admission to CRD can asking test enrollment through a Form U4 submission, directly enroll individuals for the SIE by uploading required information to the system, and purchase SIE exam vouchers to provide to individuals.

For details about uploading the required information and purchasing SIE test vouchers, run into the User Guide for Requesting SIE Enrollments.

Note: All enrollments volition be charged to the firm's Flex-Funding Account. If you practise not want to use the Flex-Funding Business relationship, please see "Other Organizations."

Other organizations, including bookish institutions, preparation and test grooming companies, and firms can purchase vouchers to provide to individuals. To buy a voucher:

Create an business relationship.
Determine the number of vouchers y'all desire to purchase, and pay with a credit card or ACH.

For details nearly purchasing vouchers, see the Purchasing Vouchers section of the User Guide for Requesting SIE Enrollments.

Note: CRD-access organizations that want to purchase vouchers using a credit card or ACH instead of the firm's Flex-Funding Account will need to create an organization account.

Content Outline

The Securities Manufacture Essentials (SIE) Exam Content Outline provides a comprehensive guide to the range of topics covered on the examination, equally well as the depth of noesis required. The outline is comprised of the four sections. The table below lists the allocation of test questions for each section.

Sections	Percentage of Exam Questions	Number of Exam Questions
(ane) Knowledge of Capital Markets	16%	12
(2) Understanding Products and Their Risks	44%	33
(3) Agreement Trading, Customer Accounts and Prohibited Activities	31%	23
(four) Overview of Regulatory Framework	9%	vii
TOTAL	100%	75

Download the SIE Content Outline

Benefits

Ability to distinguish yourself from your peers seeking internships or jobs
Opportunity to jumpstart your career goals
Immediate observe of your pass/fail status with performance feedback if you fail
Increased marketability in financial services industry

After Y'all Pass the SIE

Passing the SIE alone does non qualify an individual for registration with a FINRA member firm or to appoint in securities business. In lodge to become registered to engage in securities business organisation, an individual must pass the Essentials test and a qualification exam appropriate for the blazon of business the private will engage in. The individual must be associated with a fellow member business firm to take a qualification exam.

Qualification Examinations

Series 6 – Investment Visitor Representative (IR)
Serial seven – General Securities Representative (GS)
Series 22 – DPP Representative (DR)
Serial 57 – Securities Trader (TD)
Series 79 – Investment Banking Representative (IB)
Series 82 – Individual Securities Offerings Representative (PR)
Series 86 and 87 – Research Annotator (RS)
Serial 99 – Operations Professional person (OS)

SIE Reimbursement for War machine Veterans

Veterans who qualify for the GI Nib may be able to receive reimbursement for the cost of taking the SIE. To learn more, visit the U.Southward. Department of Veterans Affairs webpage overview of eligible licensing and certification tests.