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Last Updated: Sep 02, 2026

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FINRA Series7 Exam Overview:

Certification Vendor:FINRA
Exam Name:General Securities Representative Examination (GS)
Exam Number:Series 7
Exam Duration:225 minutes
Related Certifications:Series 63
Series 6
Securities Industry Essentials (SIE)
Series 66
Series 65
Real Exam Qty:125 scored + 5–10 unscored pretest
Passing Score:72%
Available Languages:English
Exam Price:$395 USD
Certificate Validity Period:Valid while registered and completing continuing education; expires 2 years after leaving a sponsoring firm
Exam Format:Multiple-choice, 4 answer options per question, Computer-based
Recommended Training:FINRA Content Outline PDF
Exam Registration:FINRA Central Registration Depository (CRD)
FINRA Series 7 Registration Page
Sample Questions:FINRA Series7 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

FINRA Series7 Exam Syllabus Topics:

SectionWeightObjectives
Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Investment companies, ETFs, and variable annuities
- Debt securities and government obligations
- Municipal securities
- Recordkeeping and regulatory reporting
- Direct participation programs
- Options and derivative products
- Margin accounts and taxation
- Equity securities
Seeks Business for the Broker-Dealer from Customers and Potential Customers7%- Customer communication and solicitation rules
- Standards for advertising and public communications
- Product-specific disclosures and regulatory requirements
Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions11%- Order types and execution procedures
- Regulatory requirements for transaction processing
- Trade settlement and confirmation rules
Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives9%- Account types and documentation requirements
- Financial profile, risk tolerance, and investment objectives
- Suitability rules and regulatory compliance

Frequently Asked Questions About FINRA General Securities Representative Examination (GS)

The Series7 exam leads to the General Securities Representative Qualification certification, a Entry / Representative Level-level credential from FINRA. It validates the skills measured by the FINRA General Securities Representative Examination (GS) syllabus and is a recognized step for IT professionals building their careers, and it sits alongside related credentials such as Securities Industry Essentials (SIE), Series 6, Series 63, Series 65, Series 66.

The FINRA General Securities Representative Examination (GS) exam includes 125 scored + 5–10 unscored pretest questions and gives you 225 minutes to complete them. That works out to a fairly tight pace, so reading each question carefully but decisively matters more than perfectionism. If a question stalls you, flag it and move on; banking the easier points first keeps time pressure from snowballing near the end. Before test day, run at least one full timed session with the Actualtests4sure practice test so the rhythm feels familiar rather than rushed.

You need 72% to pass the Series7 exam, and the official registration fee is $395 USD. Keep in mind that a failed attempt means paying the full fee again to retake the exam, so it pays to be honest with yourself before booking a seat. A practical benchmark: work through the 400 practice questions at Actualtests4sure until you can score comfortably above the passing line in timed mode, then schedule your exam.

Must pass SIE exam; must be sponsored by a FINRA/SRO member firm Because FINRA may adjust its policies over time, we recommend confirming the latest requirements on the official exam page (official exam page) before you register.

You can sign up for the FINRA General Securities Representative Examination (GS) exam through any of the official registration channels below:

As for how the exam is delivered: Computer-based testing at authorized Pearson VUE or Prometric test centers.

FINRA suggests the following training options for candidates preparing for FINRA General Securities Representative Examination (GS):

Formal training is a solid foundation, and pairing it with the 400 practice questions from Actualtests4sure helps you turn that knowledge into exam-day confidence.

Yes. Actualtests4sure offers a free PDF demo of the FINRA General Securities Representative Examination (GS) material, so you can review the question style and answer quality before making a decision. Every purchase also includes 365 days of free updates, and after that period you can extend your updates at a 50% discount, which keeps your preparation current through 2026 and beyond.

If you take the FINRA General Securities Representative Examination (GS) exam within 60 days of your purchase and do not pass, Actualtests4sure offers a full refund under its Money Back Guarantee. To apply, send a scanned copy of your exam enrollment slip together with your official Score Report in PDF format within 2 days of the exam date, and your claim will be processed within 7 days. The guarantee applies only to the corresponding exam: attempts made within 3 days of purchase, exams downloaded but never actually taken, free materials, and expired orders are not eligible, and the candidate name must match the purchaser name. If you would rather not take a refund, you can exchange your product for two additional exam preparation products of equal value and keep the update service on your original purchase. Delivery itself is instant: your product is available for download right after payment and is also sent to your email within one minute, and if it has not arrived within 2 hours, contact our support team. There is no limit on how many computers you can install it on.

The FINRA General Securities Representative Examination (GS) syllabus is divided into 4 main domains, including Obtains and Verifies Customers’ Purchase and Sales Instructions; Processes, Completes and Confirms Transactions (11%), Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives (9%), Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records (73%). Each domain carries a different share of the total score, so knowing where the weight sits helps you allocate your study time wisely. You will find the complete, up-to-date outline in the Exam Topics section above.

FINRA General Securities Representative Examination (GS) Sample Questions:

Question 1

Bubba plans to borrow some money and pledge securities as collateral. Which of the following can he not
use as collateral?

A. US treasury bills
B. US treasury notes
C. Series EE bonds
D. US treasury bonds


Question 2

What is the importance of the "at risk" rule?

A. it limits liability to the amount at risk
B. it prevents carry forward of disallowed interest deductions
C. it limits deductions to the amount at risk
D. deductions for interest may not exceed investment income


Question 3

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

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


Question 4

An option that permits the holder to exercise the contract only at expiration is referred to as:

A. Nordic style
B. American style
C. European style
D. Asian style


Question 5

Bubba owns a perpetual warrant to buy one share of Internet Corporation common stock at $30. Internet
Corporation stock is trading at 41.50 and is ex-dividend today at $0.75. What is the market value of
Bubba's warrant?

A. cannot be determined from this information
B. 5.38
C. 5.75
D. 5.62


Solutions:

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

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