SIE CERTIFICATION TEST PAPER
2026 COMPLETE QUESTIONS WITH
VERIFIED ANSWERS
◉ Securities Exchange Act of 1934. Answer: Regulates secondary
trading of securities, established the SEC.
◉ Investment Company Act of 1940. Answer: Regulates mutual funds
and other investment companies.
◉ Investment Advisers Act of 1940. Answer: Regulates investment
advisers.
◉ Securities Investor Protection Act of 1970 (SIPA). Answer: Created
the SIPC to protect investors if a brokerage firm fails.
◉ Sarbanes-Oxley Act of 2002. Answer: Enacted to protect investors
from fraudulent financial reporting by corporations.
◉ Dodd-Frank Wall Street Reform and Consumer Protection Act of
2010. Answer: Enacted to promote financial stability and protect
consumers.
◉ Uniform Securities Act. Answer: Model law for states to regulate
securities within their jurisdictions.
, ◉ Regulation D. Answer: Governs private placements and exempts
certain offerings from registration.
◉ Regulation A. Answer: Provides an exemption for small public
offerings.
◉ Regulation S-P. Answer: Addresses privacy of consumer financial
information.
◉ Regulation SHO. Answer: Addresses short sale practices.
◉ Regulation T. Answer: Governs the extension of credit by brokers.
◉ Regulation NMS (National Market System). Answer: Governs the
operations of the national market system.
◉ Regulation S-X. Answer: Governs the form and content of financial
statements.
◉ Regulation FD (Fair Disclosure). Answer: Ensures that all investors
have equal access to material information.
◉ Regulation M. Answer: Governs market manipulation activities in
connection with securities offerings.
2026 COMPLETE QUESTIONS WITH
VERIFIED ANSWERS
◉ Securities Exchange Act of 1934. Answer: Regulates secondary
trading of securities, established the SEC.
◉ Investment Company Act of 1940. Answer: Regulates mutual funds
and other investment companies.
◉ Investment Advisers Act of 1940. Answer: Regulates investment
advisers.
◉ Securities Investor Protection Act of 1970 (SIPA). Answer: Created
the SIPC to protect investors if a brokerage firm fails.
◉ Sarbanes-Oxley Act of 2002. Answer: Enacted to protect investors
from fraudulent financial reporting by corporations.
◉ Dodd-Frank Wall Street Reform and Consumer Protection Act of
2010. Answer: Enacted to promote financial stability and protect
consumers.
◉ Uniform Securities Act. Answer: Model law for states to regulate
securities within their jurisdictions.
, ◉ Regulation D. Answer: Governs private placements and exempts
certain offerings from registration.
◉ Regulation A. Answer: Provides an exemption for small public
offerings.
◉ Regulation S-P. Answer: Addresses privacy of consumer financial
information.
◉ Regulation SHO. Answer: Addresses short sale practices.
◉ Regulation T. Answer: Governs the extension of credit by brokers.
◉ Regulation NMS (National Market System). Answer: Governs the
operations of the national market system.
◉ Regulation S-X. Answer: Governs the form and content of financial
statements.
◉ Regulation FD (Fair Disclosure). Answer: Ensures that all investors
have equal access to material information.
◉ Regulation M. Answer: Governs market manipulation activities in
connection with securities offerings.
