The Securities Industry Essentials® (SIE®) Exam is a FINRA exam for prospective securities industry professionals. … In order to become registered to engage in securities business, an individual must pass the SIE and a qualification exam appropriate for the type of business the individual will engage in.

What is the SIE exam for?

The Securities Industry Essentials® (SIE®) Exam is a FINRA exam for prospective securities industry professionals. … In order to become registered to engage in securities business, an individual must pass the SIE and a qualification exam appropriate for the type of business the individual will engage in.

What does passing the SIE mean?

The passing score for the SIE is 70 (on a scale of 0 to 100). This test score is placed on a common scale with all other candidate test scores for that exam and statistical adjustments are made to the score to account for slight variations in the difficulty that may exist among different sets of exam questions.