SIE: Look-Back Provision

Taken from our SIE Online Guide

Look-Back Provision

The pay to play rule contains a look-back provision that requires dealers and advisors to look back when determining whether an associated person has triggered the ban on securities business.

A contribution will trigger the ban if it was made within two years prior to the date the individual became an MFP.

Sample Question

While working at a Starbucks, Jenny contributes

+ Read More

More SIE Info

What are people saying?

Create an Account

Since you're reading about SIE: Look-Back Provision, you might also be interested in:

Series 53 - 1.1.1.1. Securities Exempt from Registration

Series 24 - Prohibited Offers

Series 7 - 5.3.1. Straddles

Series 65 - Payments in Perpetuity

Series 79 - 9.1. The Final Prospectus

Series 82 - Series 82 Online Guide

Series 65 - Waiver of Premium

Series 65 - Annualized Returns

Series 7 - 8.3.3. Variable Life Insurance

Series 65 - 4.5.5.1.1. Tax Advantages of DPPs

SIE - 5.1.1.2.2. Business Risk

Series 28 - Fingerprint Card

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Soloman's practice exams are a powerful tool! Just passed SIE - will be looking to use their other content for the top-off exams very soon. Thank you!

John S. Clearing Firm Charlotte, NC

I utilized the Solomon SIE and Series 6 Top-Off study guide package. I passed on the first time by following the exact recommendations. While the test is different than the study exam questions it covers the content in a detailed way preparing you to successfully pass the exam. Great product and customer service!

Michael Gehrich, Allstate Insurance, Ft Myers, FL

Just Passed the SIE! I started with the Kaplan study guide -read 3 chapters and fell asleep. I searched online for exam simulators like the ones I used for my IT certifications and came across the Solomon Exam Simulator. I started taking the chapter test over and over, some as much as 15 times. I spent a month of total study time and took the practice 85 question SIE exam 4 times with an average 58% score. I also took the FINRA practice exam 2 times. The results charts gave great insight on well I was master each subject. I used them day. I will tell you that the Solomon practice questions were a lot harder then the real exam. I think that made the difference. I took me just under an hour to complete the test. On the the Series 57- too bad Solomon does not have an exam simulator for that one.

Phil A. Frisco, TX

Solomon has been hugely helpful to me. In 2022, they helped me prepare for the SIE, Series 63, and Series 79 exams, and I passed all 3 on the first try. I give huge credit to their focused materials and suggested timelines for keeping me on track!

William Windham, Solebury. Brooklyn, NY.

I just want to thank Solomon Exam Prep for a great semester! We taught this curriculum at Widener University for the first time. The Solomon team was great to work with! Always available, very responsive and eager to help. The online offering is very comprehensive and we didn't miss a beat when we switched to remote learning. The QwizBang game was a big hit with the students (although more fun when we were all in the same room.) I can't thank them enough for all that they have done.

Maggie Creed, Widener University, Chester, PA

I passed the Securities Industry Essential (SIE) exam on my first try. Now, I am studying for the next license exam, the top off exam, Series 7. Thank you Solomon Exam Prep. I am glad I bought the 1) SIE Video Premium Study Package, 2) SIE Flashcards, and, especially, 3) the hard copy. I will probably buy the same for Series 63, 7 and probably no more than two more over the next three years.

Stephen Campbell, Plano, TX