SIE Exam Question 83: Answer and Explanation

Question: 83

Registered Investment Advisers are registered through the ___________.

• A. FINRA
• B. SEC
• C. MSRB
• D. NYSE

Correct Answer: D

Explanation:

Investment firms and advisers are required to register with the SEC, FINRA, and the office of the securities regulator of the state in which they are doing business. Firms and advisors can register for all three using SEC Form BD.