SIE (Securities Industry Essentials) Practice Exam 2026 - Free SIE Practice Questions and Study Guide

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A married couple who earned income exceeding $300,000 in each of the prior two years and reasonably expects the same for the current year is:

a qualified client

an accredited investor

A A qualified client must meet specific net worth or asset requirement qualifications, which are not mentioned as a factor here. Therefore, this option is incorrect.

C: A professional investor is a specific type of investor with certain qualifications and requirements, which are not mentioned as a factor here. Therefore, this option is incorrect.

D: A high-net-worth individual typically has a net worth of at least $1 million, which is not mentioned as a factor here. Therefore, this option is incorrect.

B: An accredited investor is defined by the Securities and Exchange Commission (SEC) as someone who meets certain income or net worth criteria, which is mentioned in the question. Therefore, this option is correct.

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a professional investor

a high-net-worth individual

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