FINRA Series-7 : General Securities Representative Qualification Examination (GS)

  • Exam Code: Series-7
  • Exam Name: General Securities Representative Qualification Examination (GS)
  • Updated: Oct 22, 2026
  • Q & A: 402 Questions and Answers

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About FINRA Series-7 Exam

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FINRA Series-7 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Seeks Business for the Broker-Dealer from Customers and Potential Customers7%- Identification of potential customers
- Prospecting and sales practices
- Regulatory requirements for communications with the public
Topic 2: Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions11%- Recordkeeping and reporting requirements
- Order types and execution procedures
- Handling errors and discrepancies
- Trade settlement and confirmation
Topic 3: Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Direct participation programs
- Portfolio analysis and risk management
- Investment company securities and variable contracts
- Characteristics of equity securities
- Debt securities and government obligations
- Taxation and regulatory rules
- Municipal securities
- Options and derivative products
Topic 4: Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives9%- Account documentation and regulatory compliance
- Types of accounts and ownership structures
- Determining investment suitability
- Customer information collection

Series-7 Exam: Your Questions Answered

Computer-based testing at authorized Prometric test centers Register for the FINRA General Securities Representative Qualification Examination (GS) exam through these official channels:

With your exam date confirmed, the 402 practice questions from Prep4away — delivered by email within 1 minute — turn the waiting weeks into structured preparation.

Per the official outline, the FINRA General Securities Representative Qualification Examination (GS) exam spans 4 domains, led by 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%), and Seeks Business for the Broker-Dealer from Customers and Potential Customers (7%). The complete breakdown is in the topics section above; the 402 practice questions at Prep4away cover all of it.

Passing the FINRA General Securities Representative Qualification Examination (GS) exam requires 72%, and the registration fee is $395 USD. Since retakes are not free, a readiness check with the Prep4away practice engines is a sensible step before you commit to an exam date.

The Series-7 exam is a FINRA certification exam covering the FINRA General Securities Representative Qualification Examination (GS) syllabus outlined above. It contributes to these credential paths: Securities Industry Essentials (SIE), Series 6, Series 63, Series 65, Series 66. In a competitive market, a FINRA credential signals verified capability to employers — which is why candidates keep choosing it in 2026. Prep4away prepares you with 402 practice questions in PDF, Desktop Test Engine, and Online Test Engine formats.

Then the written refund policy applies. If you take the FINRA General Securities Representative Qualification Examination (GS) exam within 60 days of purchase and do not pass, Prep4away refunds you in full. The policy excludes exams taken within 3 days of purchase, exams never actually taken, free materials, and expired orders, and the candidate name must match the payer name. Submit a scan of your enrollment slip and the official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep going? Exchange for two free exam products of equal value and retain your original update service. Delivery is by email within 1 minute of purchase — contact support if nothing arrives within 2 hours.

FINRA recommends these training resources for the FINRA General Securities Representative Qualification Examination (GS) exam:

Pair official training with the 402 practice questions from Prep4away to convert study time into exam readiness — especially effective when you are fitting preparation into fragmented hours.

Expect 125 scored + 5 unscored pretest in 225 minutes on the FINRA General Securities Representative Qualification Examination (GS) exam. The Prep4away Desktop Test Engine reproduces this environment — real timing, exam-style flow — so the actual test day feels like a rehearsal you have already done.

Everything you need in one purchase: 402 practice questions for the FINRA General Securities Representative Qualification Examination (GS) exam across three formats — a printable, expert-prepared PDF with instant download; a Desktop Test Engine for Windows that simulates the real exam environment with two practice modes and works offline; and an Online Test Engine for any browser on Windows, Mac, Android, and iOS, complete with test history and performance review. Also included: a free demo, 365 days of free updates, a 50% renewal discount afterward, and unlimited computer installations.

Must be sponsored by a FINRA/SRO member firm; must pass the Securities Industry Essentials (SIE) exam as a corequisite Requirements can be revised, so confirm the latest on the official FINRA exam page before booking.

FINRA General Securities Representative Qualification Examination (GS) Sample Questions:

Question #1

Which of the following statements incorrectly describes US securities markets?

  • A. a capital market comprised of long-term debt and equity issues
  • B. a money market comprised of short-term debt and equity issues
  • C. a municipal market comprised of tax-exempt issues of state and local governments
  • D. a government and agency market comprised of both short-term and long-term debt issues
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

Big Guns Municipal Bond Dealer Corporation buys 100M of 7% 20-year GO bonds at par. The bonds are marked up and immediately re-offered for sale.
Which of the following re-offering prices would probably be deemed excessive?

  • A. $100.75
  • B. 5.00% net
  • C. 6.8% net
  • D. 6.9% less 0.5
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #3

An investment company acting as a conduit in the distribution of net investment income, pursuant to IRS rules, is called:

  • A. regulated
  • B. diversified
  • C. dual-purpose
  • D. balanced
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #4

The definition of debentures is:

  • A. securities backed by the general credit of the issuers but no specific collateral
  • B. a worthless security
  • C. a loan secured by real estate
  • D. collateralized securities
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

Which of the following organizations usually has a prominent role in guiding investment policies of mutual funds?

  • A. the management group
  • B. the custodian bank
  • C. the plan company
  • D. the underwriter
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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