Securities Industry Essentials SIE Quiz
20 questions · no time limit
0:00
Finish quiz
TRADING, CUSTOMER ACCOUNTS, AND PROHIBITED ACTIVITIES
Question 1
of 20
Flag for review
No time limit
Current
Answered
Flagged
Not seen
Which of the following is an example of improper use of client funds through misappropriation of dividend payments?
A
A firm credits dividends to customer accounts and reflects the payments on monthly statements from the clearing firm.
B
A broker reroutes a client's dividend checks to the broker's address and deposits them into the broker's bank account.
C
A client elects dividend reinvestment and receives confirmations showing share quantities and prices.
D
A registered representative explains that dividends are not guaranteed and may change based on issuer decisions.
YOUR PROGRESS
20
QUESTIONS
Ready when you are
Answer in any order. Your progress shows here as you go.
QUESTIONS
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
KEYBOARD
Pick an answer
A
B
C
D
Next question
↵
→
Previous
←
Flag for review
F