SIE (Securities Industry Essentials) Practice Exam

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If an employee of Broker-dealer ABC wants to further support a local mayoral campaign without affecting the firm's municipal securities business, how much additional contribution is allowed?

$50
$200
$250
$300

The correct answer is: $50

The correct answer is A. $50 is the maximum additional contribution that can be made without affecting the firm's municipal securities business. This amount is set by the Municipal Securities Rulemaking Board (MSRB) and applies to all municipal finance professionals, including employees of broker-dealers. Options B, C, and D are incorrect, as they all exceed the maximum contribution allowed and could potentially create a conflict of interest for the firm. It is important for employees of broker-dealers to adhere to these regulations in order to maintain ethical and transparent business practices.