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Need an invoice for the company books? Email us your company name and we make a custom invoice to your demand. TestKingFree's FINRA General Securities Representative Qualification Examination (GS) set — 402 practice questions for the Series-7 exam — is business-friendly too.
FINRA Series-7 Exam Overview:
| Certification Vendor: | FINRA |
|---|---|
| Exam Name: | General Securities Representative Qualification Examination (GS) |
| Exam Number: | Series-7 |
| Exam Price: | $395 USD |
| Certificate Validity Period: | Valid while registered and completing continuing education; no fixed expiration if active |
| Exam Format: | Multiple-choice questions, Computer-based |
| Exam Duration: | 225 minutes |
| Real Exam Qty: | 125 scored + 5 unscored pretest |
| Available Languages: | English |
| Related Certifications: | Securities Industry Essentials (SIE) Series 65 Series 66 Series 63 Series 6 |
| Passing Score: | 72% |
| Recommended Training: | FINRA Official Content Outline |
| Exam Registration: | Prometric Scheduling FINRA Series 7 Registration |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Computer-based testing at authorized Prometric test centers |
| Pre Condition: | Must be sponsored by a FINRA/SRO member firm; must pass the Securities Industry Essentials (SIE) exam as a corequisite |
| Official Syllabus URL: | https://www.finra.org/registration-exams-ce/qualification-exams/series7 |
FINRA Series-7 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records | 73% | - Characteristics of equity securities - Investment company securities and variable contracts - Options and derivative products - Taxation and regulatory rules - Direct participation programs - Portfolio analysis and risk management - Debt securities and government obligations - Municipal securities |
| Topic 2: Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions | 11% | - Recordkeeping and reporting requirements - Order types and execution procedures - Trade settlement and confirmation - Handling errors and discrepancies |
| Topic 3: Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives | 9% | - Determining investment suitability - Account documentation and regulatory compliance - Customer information collection - Types of accounts and ownership structures |
| Topic 4: Seeks Business for the Broker-Dealer from Customers and Potential Customers | 7% | - Identification of potential customers - Regulatory requirements for communications with the public - Prospecting and sales practices |
FINRA Series-7 Exam: FAQ for Busy Professionals
Yes — download the free FINRA General Securities Representative Qualification Examination (GS) demo and inspect the material before buying. Purchases include the right of free updating for 365 days, with latest versions emailed promptly upon release; renew afterward at 50% off.
$395 USD per attempt, 72% to pass. For busy professionals, one prepared attempt beats two rushed ones — work through the 402 practice questions for the Series-7 exam at TestKingFree first.
The FINRA General Securities Representative Qualification Examination (GS) blueprint covers 4 domains — including Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives (9%), Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions (11%), Seeks Business for the Broker-Dealer from Customers and Potential Customers (7%). Budget your limited hours by weighting; the complete outline above lists every subtopic.
Through the vendor's official registration channels:
The FINRA General Securities Representative Qualification Examination (GS) is delivered Computer-based testing at authorized Prometric test centers — pick the arrangement that fits your calendar when booking.
The FINRA General Securities Representative Qualification Examination (GS) is FINRA's certification exam for General Securities Representative Registration, at the Entry-Level / Representative level. It's among the most authoritative credentials in the field — for those aiming at FINRA careers, it's the first step. Related credentials include Securities Industry Essentials (SIE), Series 6, Series 63, Series 65, Series 66.
Files arrive by automatic email within a minute of payment — unlimited devices, and 24/7 customer assisting if nothing shows up within 2 hours (check spam). Need an invoice? Email us your company name for a custom invoice made to your demand. If you fail the corresponding Series-7 exam within 60 days of purchase, we process a full refund within 7 days — send a scanned enrollment slip plus the official Score Report PDF within 2 days of the exam. Excluded: exams within 3 days of purchase, candidate names that don't match the payer, and free or expired products. Alternatively, exchange for two equal-value products free.
Must be sponsored by a FINRA/SRO member firm; must pass the Securities Industry Essentials (SIE) exam as a corequisite Vendors update eligibility rules over time, so verify the current requirements on the official page (official Series-7 exam page) before registering.
Yes:
Official training teaches; practice proves. After any course, review with the 402 practice questions for the FINRA General Securities Representative Qualification Examination (GS) — answers expert-verified.
225 minutes for 125 scored + 5 unscored pretest questions. Time-pressed candidates should rehearse the clock: short timed sets on busy days, full simulations on free ones.
FINRA General Securities Representative Qualification Examination (GS) Sample Questions:
If recaptured deductions are added to income, recaptured investment tax credits are added to:
- A. gains
- B. income
- C. basis
- D. taxes
Correct Answer: D 🗳️
Explanation: Only visible for TestKingFree members. You can sign-up / login (it's free).
In the sale of open-end investment company shares, the amount at which the sales charge is reduced on quantity transactions is referred to as the:
- A. spread
- B. split
- C. breakpoint
- D. margin
Correct Answer: C 🗳️
Explanation: Only visible for TestKingFree members. You can sign-up / login (it's free).
Which of the following statements is not true about exchange traded options?
- A. they are adjusted for reverse splits
- B. they are adjusted for stock dividends
- C. they are adjusted for cash dividends
- D. they are adjusted for stock splits
Correct Answer: C 🗳️
Explanation: Only visible for TestKingFree members. You can sign-up / login (it's free).
Service charges by a FINRA dealer for transfer and safekeeping of customer securities held in street name:
- A. may be levied only if the charge if fair, reasonable, and non-discriminatory
- B. may be levied only if the security has a value of less than $5,000
- C. may not be levied unless there is no trading in the account for more than six months
- D. may not be levied under FINRA Conduct Rules
Correct Answer: A 🗳️
Explanation: Only visible for TestKingFree members. You can sign-up / login (it's free).
An investment company incapable of issuing a long-term debt instrument is:
- A. a unit investment trust
- B. an open-end investment company
- C. a face-amount certificate company
- D. a closed-end investment company
Correct Answer: B 🗳️
Explanation: Only visible for TestKingFree members. You can sign-up / login (it's free).
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