Pass your actual test with our FINRA Series-7 training material at first attempt
Last Updated: Aug 17, 2026
No. of Questions: 402 Questions & Answers with Testing Engine
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The Series-7 exam consists of 125 multiple-choice questions, which must be completed within a time limit of three hours and 45 minutes. Candidates must achieve a passing score of 72% or higher to be awarded the certification. Series-7 exam is computer-based and is administered at testing centers across the United States.
Reference: https://www.finra.org/registration-exams-ce/qualification-exams/series7
The Financial Industry Regulatory Authority (FINRA) Series-7 (General Securities Representative Qualification Examination (GS)) Certification Exam is the most comprehensive exam for individuals who want to become registered representatives in the securities industry. Passing the Series-7 exam is a requirement for individuals who want to sell securities products such as stocks, bonds, and mutual funds to the public. Series-7 exam is designed to test the knowledge and skills of individuals in a variety of areas related to the securities industry.
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FINRA Series-7 (General Securities Representative Qualification Examination (GS)) Certification Exam is an essential requirement for individuals seeking a career in the securities industry. It is a comprehensive and challenging test that evaluates the candidate's knowledge of the industry, including ethical and legal practices. Achieving certification demonstrates a high level of competence and expertise, making it a valuable asset for career advancement in the field of finance.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions | 11% | - Recordkeeping and reporting requirements - Trade settlement and confirmation - Handling errors and discrepancies - Order types and execution procedures |
| Topic 2: Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records | 73% | - Characteristics of equity securities - Portfolio analysis and risk management - Direct participation programs - Taxation and regulatory rules - Municipal securities - Options and derivative products - Debt securities and government obligations - Investment company securities and variable contracts |
| Topic 3: Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives | 9% | - Account documentation and regulatory compliance - Determining investment suitability - Types of accounts and ownership structures - Customer information collection |
| Topic 4: Seeks Business for the Broker-Dealer from Customers and Potential Customers | 7% | - Regulatory requirements for communications with the public - Prospecting and sales practices - Identification of potential customers |
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