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Last Updated: Jul 28, 2026

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FINRA Series7 Exam Syllabus Topics:

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

FINRA General Securities Representative Examination (GS) Sample Questions:

1. What is the maximum amount of gift to customers or other individuals related to the securities business
that a registered representative is permitted to give?

A) $500
B) $100
C) $50
D) $200


2. If the Federal Reserve wished to ease credit, which of the following steps would it take?

A) purchase securities in the open market
B) raise the discount rate
C) lower reserve requirements
D) both B and C


3. A new stock offering by Bubba Corporation provides details that state between 1,000,000 and 1,500,000
shares will be sold depending upon market conditions. This offering is a:

A) mini-max
B) market potential
C) standby
D) best efforts


4. Registration of open-end investment company shares with the SEC implies that the:

A) prospectus contains the significant facts about the issue
B) SEC approves the issue
C) shares have investment merit
D) SEC guarantees the accuracy of the disclosures in the registration statement


5. Bubba buys a bond issued at par with a 5% coupon that is convertible into common stock at $40. The
bond increases in value by 20 points. What is the conversion parity of the stock?

A) $25
B) $40
C) $48
D) $50


Solutions:

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

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