SIE: Red Herring

Taken from our Securities Industry Essentials Exam

Definition of the term Red Herring...

the first draft of an offer to sell securities that describes its characteristics, except for price, delivered as part of the registration statement to the SEC and used to attract potential investors. Also called a preliminary prospectus.

+ Read More

More SIE Info

What are people saying?

Create an Account

We have an excellent Audiobook for the SIE!

Since you're reading about SIE: Red Herring, you might also be interested in:

Series 7 - average cost method

Series 66 - exemption

Series 26 - sector mutual funds

Series 52 - Monetary Instrument Log (MIL)

Series 24 - lockout period

Series 82 - subscription price

Series 24 - joint account

Series 65 - de minimis rule

Series 79 - cost of goods sold (COGS)

Series 79 - synergies

Series 66 - conflict of interest

Series 65 - goodwill

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

Solomon Exam Prep did it again! I passed the Series 63! Now, I'm 3 for 3 - SIE, S6 & S63 - all first try- thanks to the amazing study material! The practice exams are phenomenal!

Candace Chavez, Cetera Investment Services. Wimberley, TX.

I found encouragement along the way from reading other people's testimonials, so payback is to write one of my own. Solomon is the gold standard for customer service. I passed the 66, SIE first tries -- received a 69% on the 7 (failed), but passed on the 2nd attempt. I'm in awe over the outreach I received from day 1 but especially from Jeremy on how to move forward after falling short on the Series 7 - followed his advice - one of which was to get the accompanying videos and passed. Watching/studying the Chapter 5 video had a big impact. I also printed the questions I got wrong that I particularly struggled with while taking the online exams, printed and/or turned them into flashcards, then taped many of them around the house. It forced me to constantly revisit the information and moved me past a superficial understanding. I'll take a messy-looking home for a short time than having to retake a 3 hour and 45 minute exam.

Brook Langston, Everspire. Salt Lake City, UT

I came into my studies with very little experience. With the amazing help and support from the Solomon Team I passed the SIE on my first attempt. I am extremely grateful for the study material that Solomon has provided. I am onto the 7 TO.

Wc Harbert, RBC. Eugene, OR

Super fast response time to emailed questions, clear explanations in the textbook and in the ungraded practice exams, and unlimited practice tests made Solomon a great resource for preparing for my SIE. Passed on first try!

Claire Pywell, R+R Financial Partners. Anchorage, AK

Thank you so much Solomon Exam Prep. I took the SIE exam today and passed it the first try. Couldn't have done it without your help. Thank you again.

Cathy Villano, Eastchester, NY