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| Certification Vendor: | FINRA |
|---|---|
| Exam Name: | General Securities Representative Examination (GS) |
| Exam Number: | Series 7 |
| Exam Price: | $395 USD |
| Exam Format: | Multiple-choice, Computer-based, 4 answer options per question |
| Related Certifications: | Series 63 Series 65 Securities Industry Essentials (SIE) Series 6 Series 66 |
| Passing Score: | 72% |
| Exam Duration: | 225 minutes |
| Available Languages: | English |
| Certificate Validity Period: | Valid while registered and completing continuing education; expires 2 years after leaving a sponsoring firm |
| Real Exam Qty: | 125 scored + 5–10 unscored pretest |
| Recommended Training: | FINRA Content Outline PDF |
| Exam Registration: | FINRA Series 7 Registration Page FINRA Central Registration Depository (CRD) |
| Sample Questions: | ![]() |
| Exam Way: | Computer-based testing at authorized Pearson VUE or Prometric test centers |
| Pre Condition: | Must pass SIE exam; must be sponsored by a FINRA/SRO member firm |
| Official Syllabus URL: | https://www.finra.org/registration-exams-ce/qualification-exams/series7 |
| Section | Weight | Objectives |
|---|---|---|
| Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions | 11% | - Regulatory requirements for transaction processing - Trade settlement and confirmation rules - Order types and execution procedures |
| Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records | 73% | - Debt securities and government obligations - Margin accounts and taxation - Direct participation programs - Recordkeeping and regulatory reporting - Investment companies, ETFs, and variable annuities - Equity securities - Options and derivative products - Municipal securities |
| Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives | 9% | - Account types and documentation requirements - Suitability rules and regulatory compliance - Financial profile, risk tolerance, and investment objectives |
| Seeks Business for the Broker-Dealer from Customers and Potential Customers | 7% | - Standards for advertising and public communications - Product-specific disclosures and regulatory requirements - Customer communication and solicitation rules |
The Series7 exam, officially known as FINRA General Securities Representative Examination (GS), is the FINRA test that leads to the General Securities Representative Qualification certification at the Entry / Representative Level level. Passing it validates the skills employers expect from a certified professional. It is also associated with related credentials such as Securities Industry Essentials (SIE), Series 6, Series 63, Series 65, Series 66.
The Series7 exam contains 125 scored + 5–10 unscored pretest questions, and you have 225 minutes to complete them. Work out your per-question pace before test day, and flag slow items instead of stalling on them — time pressure, not knowledge, sinks many first attempts. Timed mock exams in the BraindumpsPrep test engines are the most reliable way to build that rhythm.
The passing score for the Series7 exam is 72%, and the official registration fee is $395 USD. If you miss the mark, a retake means paying the full fee again, so book your seat only when you are ready. A practical benchmark: score consistently above the passing line on timed practice tests before scheduling the real exam.
Must pass SIE exam; must be sponsored by a FINRA/SRO member firm
Entry requirements can change, so confirm the latest conditions on the official exam page: https://www.finra.org/registration-exams-ce/qualification-exams/series7.
You can book the Series7 exam through the official registration channels below:
Exam delivery: Computer-based testing at authorized Pearson VUE or Prometric test centers. Seats at popular test centers fill quickly, so schedule early once your preparation is on track.
FINRA recommends the following training options for FINRA General Securities Representative Examination (GS) candidates:
Pair any course with the 400 practice questions from BraindumpsPrep to measure how ready you really are before paying the exam fee.
Yes. A free PDF demo of the FINRA General Securities Representative Examination (GS) questions is available, so you can check the question style and answer quality before you pay. Every purchase also includes 365 days of free updates, and if the product expires you can renew the update service at a 50% discount from your member zone.
If you take the corresponding Series7 exam within 60 days of purchase and do not pass, you can apply for a full refund under the 100% Money Back Guarantee: submit a scan of your enrollment slip and your official Score Report (PDF) within 2 days of the exam date, and the claim is processed within 7 days. Attempts made within 3 days of purchase, downloads without an actual exam attempt, free materials, and expired orders are not eligible, and the candidate name must match the payer name. Prefer new material instead of a refund? You can exchange your purchase for two free products of equal value and keep the update service on your original product. As for delivery, the files are available for instant download and are also emailed to you within one minute of payment — if nothing arrives within 2 hours, contact customer service. There is no limit on how many computers you can install the product on.
The official FINRA General Securities Representative Examination (GS) outline is organized into 4 domains. The first three are:
See the complete exam topics section above for the full outline and the weighting of every domain.
In considering the fairness of a firm's markup, the FINRA considers:
Correct Answer: B 🗳️
Explanation: Only visible for BraindumpsPrep members. You can sign-up / login (it's free).
Initial margin deposit minimum requirements are set by the:
Correct Answer: D 🗳️
Explanation: Only visible for BraindumpsPrep members. You can sign-up / login (it's free).
When an index option is exercised, settlement is made by:
Correct Answer: C 🗳️
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At the time it underlying stock is trading at 48, Bubba buys a listed call option with a $50 strike price for
$ 300. At what minimum price must that stock trade for Bubba to recover his investment (ignoring
commission and taxes)?
Correct Answer: D 🗳️
Explanation: Only visible for BraindumpsPrep members. You can sign-up / login (it's free).
The return by the receiving party of securities previously accepted for delivery or a demand by the
delivering party for return of securities that have been delivered is called:
Correct Answer: B 🗳️
Explanation: Only visible for BraindumpsPrep members. You can sign-up / login (it's free).
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