FINRA Series-7 exam - in .pdf

Series-7 pdf
  • Exam Code: Series-7
  • Exam Name: General Securities Representative Qualification Examination (GS)
  • Q & A: 402 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: Series-7
  • Exam Name: General Securities Representative Qualification Examination (GS)
  • Q & A: 402 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
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FINRA Series-7 exam - Testing Engine

Series-7 Testing Engine
  • Exam Code: Series-7
  • Exam Name: General Securities Representative Qualification Examination (GS)
  • Q & A: 402 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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What is the duration, language, and format of FINRA Series 7 Certification Exam

  • Passing score: 72%
  • Language: FINRA Series 7 offered in English (U.S.), Chinese (Simplified), Czech, Dutch, French, German, Hebrew, Italian, Japanese, Korean, Polish, Portuguese (Brazil), Russian, Spanish, and Turkish.
  • Length of Examination: 225 minutes
  • Format: Multiple choices, multiple answers
  • Number of Questions: 125

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Introduction to FINRA Series 7 Certification Exam

The Series 7 exam, the General Qualification Representatives Exam (GS) exam, assesses the competence of a registered representative at entry-level to exercise its function as the general representative of qualifications.

The exam measures the extent to which each candidate has the knowledge necessary to perform the essential functions of a general securities representative, including sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options, and government bonds.

Applicants must successfully complete the Securities Industry Essentials (SIE) and Series 7 exams to obtain registration from the Financial Representative General.

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

FINRA Series-7 Exam Syllabus Topics:

SectionWeightObjectives
Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives9%- Types of accounts and ownership structures
- Determining investment suitability
- Account documentation and regulatory compliance
- Customer information collection
Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions11%- Order types and execution procedures
- Trade settlement and confirmation
- Handling errors and discrepancies
- Recordkeeping and reporting requirements
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
Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Portfolio analysis and risk management
- Municipal securities
- Options and derivative products
- Direct participation programs
- Taxation and regulatory rules
- Debt securities and government obligations
- Characteristics of equity securities
- Investment company securities and variable contracts

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