[Jul-2025] FINRA SIE Exam Practice Test Questions – ExamBoosts [Q46-Q67]

QUESTION 46
Before an affiliate of an issuer is permitted to sell 10,000 shares of restricted securities, which of the following conditions must be met?

QUESTION 47
Which of the following must a registered representative disclose as an outside business activity (OBA) on his Form U4?

QUESTION 48
How does an individual acquire restricted stock?

QUESTION 49
Which of the following statements is true about a corporation’s balance sheet?

QUESTION 50
Which of the following statements best describes an American Depositary Receipt (ADR)?

QUESTION 51
A customer is unhappy about a $5,000 loss in a stock that the registered representative (RR) recommended and threatens to call FINRA’s Securities Helpline for Seniors about the matter. What is the most appropriate next step for the RR to take?

QUESTION 52
Under FINRA rules, which of the following activities is not considered an outside business activity (OBA)?

QUESTION 53
Company ABC stock currently trades on an exchange. An ABC insider wants to sell a large number of shares of her privately held ABC stock. ABC files the necessary paperwork to register the shares, but the insider decides to wait and sell the stock at a later date. Which of the following terms best describes the type of offering that is occurring in this situation?

QUESTION 54
In a rising interest rate environment, which of the following statements is true regarding the price of fixed-rate corporate bonds?

QUESTION 55
Which of the following characteristics best describes a benefit of a variable annuity subaccount?

QUESTION 56
Which of the following security types is frequently offered to the public as part of a package or unit that also includes a fixed income obligation?

QUESTION 57
Which of the following activities engaged in by a registered person is considered a private securities transaction?

QUESTION 58
A customer purchases $3,000 of XYZ, which settles today in a margin account. The customer has no other positions or balances. According to initial margin requirements, what is the amount of the required deposit?

QUESTION 59
A real estate investment trust (REIT) is required to invest what percentage of total assets in real-estate-related assets to maintain favorable tax treatment?

QUESTION 60
A confirmation indicates a 100-share purchase of Company ABC at $11. According to SEC rules, which of the following information is required to be stated on the confirmation?

QUESTION 61
If a company with a single outstanding bond issue chooses to extinguish this debt through refunding, which of the following actions will occur?

QUESTION 62
Pursuant to the Securities Act of 1933, registration is required for which of the following securities?

QUESTION 63
A customer wants to open an account to trade covered calls and puts. Which of the followingcommunications must be provided to the customer prior to approving the account for trading?

QUESTION 64
Which of the following types of accounts permits an investor to borrow money from a broker-dealer to help pay for a trade?

QUESTION 65
Which of the following responses describes treasury stock?

QUESTION 66
How long are unused funds permitted to remain in a Coverdell education savings account?

QUESTION 67
A customer writes a call for XYZ stock with a strike price of $35 and receives a premium of $7. The stock is currently trading at $40. What is the time value of this option?