SIE (Securities Industry Essentials) Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Ace your Securities Industry Essentials (SIE) Exam with Examzify! Our practice exam features flashcards, multiple-choice questions with detailed explanations, and insightful tips to ensure your success.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which of the following is NOT a full disclosure document used in the sale of securities?

Prospectus
Notice of Sale
Annual report
Registration statement

The correct answer is: Notice of Sale

Prospectus, annual report, and registration statement are all full disclosure documents used in the sale of securities as they provide detailed information about the securities being sold, the issuer, and any risks or potential rewards associated with the investment. However, a notice of sale is not a full disclosure document as it simply informs potential buyers about the upcoming sale without providing any detailed information about the securities or issuer. It is more of a preliminary announcement rather than a comprehensive disclosure document.