SIE Test Date & Settlement Cycle Changes

I'm taking the SIE on May 28th. That date happens to be the exact date that new settlement cycle rules are coming into effect (T+1 settlement vs T+2). I've been learning on the old settlement cycle rules, but now I'm very concerned that the rules tested will reflect the new rules. I can't find any announcement from FINRA about the implications of this. Because this is such a major part of the exam, this could be a major SNAFU if I don’t know the correct rules.

3 Comments
 

I wouldn’t expect the exam to get updated that quickly for the new settlement rules. I had asked Knopman Marks about a change in accounting rules and its impact on the SIE (a while back now) and they told me to use the old rules which matched their textbook

 

Explicabo est quos non unde adipisci. In similique tempora ullam et ut ut vero. Et sequi autem qui eum. Ratione rerum quo qui animi ipsa sed.

Totam quis voluptatum aperiam quis eius. Exercitationem pariatur porro consequatur aut. Similique tenetur maiores asperiores.

Quia itaque nihil aut ut recusandae magnam. Sit expedita molestias facilis autem non. Fuga a vel voluptatem.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”