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FINRA Certification Series7

Series7

Exam Code: Series7

Exam Name: General Securities Representative Examination (GS)

Updated: Aug 07, 2026

Q&A Number: 400 Q&As

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Series7 exam dumps

FINRA Series7 Exam Syllabus Topics:

SectionWeightObjectives
Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives11%- Customer accounts and documentation
  • 1. Suitability and customer profile
  • 2. Customer identification requirements
  • 3. Account types and registrations
Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Customer recommendations and transactions
  • 1. Suitability and best interest obligations
  • 2. Asset transfers and record maintenance
  • 3. Portfolio and risk considerations
- Investment products
  • 1. Investment companies and variable products
  • 2. Debt securities
  • 3. Municipal securities
  • 4. Government securities
  • 5. Direct participation programs
  • 6. Options
  • 7. Equity securities
Obtains and Verifies Customers' Purchase and Sale Instructions and Agreements; Processes, Completes and Confirms Transactions7%- Trade execution and settlement
  • 1. Order handling
  • 2. Trade processing
  • 3. Settlement and confirmations
  • 4. Books and records requirements
Seeks Business for the Broker-Dealer from Customers and Potential Customers9%- Customer acquisition and prospecting
  • 1. Communications with the public
  • 2. Business development activities

FINRA General Securities Representative Examination (GS) Sample Questions:

1. A management group may serve an investment company as its:

A) custodian
B) investment advisor
C) both A and C
D) underwriter


2. 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)?

A) $45
B) $51
C) $48
D) $53


3. A trust instrument drawn pursuant to the Trust Indenture Act of 1939 sets forth which of the following?

A) both B and C
B) the duties of the trustee
C) the rights of stockholders
D) the obligations of the issuing corporation


4. What percentage of maintenance charges and debt service are covered by the rate covenant of a revenue
bond issued to finance a municipal toll road?

A) 120%
B) 150%
C) 100%
D) 75%


5. How much currency is one mil worth?

A) one-tenth of $1
B) one-tenth of one cent
C) one-tenth of $100
D) one-tenth of $1,000


Solutions:

Question # 1
Answer: C
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: A

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