FINRA Series-7 : General Securities Representative Qualification Examination (GS)

Series-7 real exams

Exam Code: Series-7

Exam Name: General Securities Representative Qualification Examination (GS)

Updated: Sep 08, 2026

Q & A: 402 Questions and Answers

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About FINRA Series-7 Exam

The Series-7 exam is a challenging test that requires significant preparation. Candidates must study a variety of materials, including textbooks, online courses, and practice exams. They must also have a thorough understanding of the securities industry and the regulations that govern it. Passing the Series-7 exam is required for individuals who want to work as general securities representatives in the United States.

Reference: https://www.finra.org/registration-exams-ce/qualification-exams/series7

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FINRA Series-7 exam is a critical component of the financial services industry. Series-7 exam is designed to test the knowledge and skills of individuals who want to become general securities representatives. Series-7 exam is administered by the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that oversees the securities industry in the United States.

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FINRA Series-7 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives9%- Customer information collection
- Account documentation and regulatory compliance
- Determining investment suitability
- Types of accounts and ownership structures
Topic 2: Seeks Business for the Broker-Dealer from Customers and Potential Customers7%- Prospecting and sales practices
- Identification of potential customers
- Regulatory requirements for communications with the public
Topic 3: Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Characteristics of equity securities
- Municipal securities
- Direct participation programs
- Portfolio analysis and risk management
- Investment company securities and variable contracts
- Debt securities and government obligations
- Taxation and regulatory rules
- Options and derivative products
Topic 4: Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions11%- Recordkeeping and reporting requirements
- Trade settlement and confirmation
- Order types and execution procedures
- Handling errors and discrepancies

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