SIE (Securities Industry Essentials) Practice Exam

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What is required on a customer confirmation?

  1. Trade capacity

  2. Social Security number

  3. Home address

  4. Account password

The correct answer is: Trade capacity

A While a trade capacity is necessary for completing a customer confirmation, it is not the only requirement. Other information, such as a Social Security number and home address, may also be required for verifying the customer's identity and completing the transaction. Additionally, an account password would not be required as part of a customer confirmation, as this is typically used for accessing an online account rather than verifying a customer's identity.

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