SIE Exam Question 1: Answer and Explanation

Question: 1

A registered principal or registered representative must retake the qualifying exam if his or her registration has been revoked or terminated for a period of ____________ or more.

• A. 1 year
• B. 2 years
• C. 3 years
• D. 5 years

Correct Answer: B

Explanation:

A person whose registration has been terminated or revoked for a period of more than two years must retake the qualifying exam. A person must retake the SIE exam as well if a period of more than four years has elapsed.