FINRA Series7 test insides dumps : General Securities Representative Examination (GS)

FINRA Series7 test insides dumps
  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
  • Updated: Aug 19, 2026
  • Q & A: 400 Questions and Answers
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Free Download Pass Series7 Exam Cram

FINRA Series7 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: 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 2: Obtains and Verifies Customers' Purchase and Sale Instructions and Agreements; Processes, Completes and Confirms Transactions7%- Trade execution and settlement
  • 1. Books and records requirements
  • 2. Order handling
  • 3. Trade processing
  • 4. Settlement and confirmations
Topic 3: Seeks Business for the Broker-Dealer from Customers and Potential Customers9%- Customer acquisition and prospecting
  • 1. Communications with the public
  • 2. Business development activities
Topic 4: 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. Portfolio and risk considerations
  • 3. Asset transfers and record maintenance
- Investment products
  • 1. Equity securities
  • 2. Debt securities
  • 3. Municipal securities
  • 4. Government securities
  • 5. Direct participation programs
  • 6. Investment companies and variable products
  • 7. Options

FINRA General Securities Representative Examination (GS) Sample Questions:

1. To qualify as an intrastate offering under SEC Rule 147, which of the following is true of the issue?

A) it cannot exceed $1,500,000 in value
B) it must be approved by the SEC
C) it must consist of common stock only
D) it must be sold only to bona fide residents of one state


2. Which of the following would not normally be a function of an investment banker?

A) underwriting new issues of securities
B) assisting in large secondary offerings of securities
C) providing short-term capital needs to client companies
D) providing long-term capital needs to client companies


3. Call loans made by banks to broker/dealers are generally for the purpose of which of the following?

A) financing securities held in inventory
B) carrying margin accounts
C) expansion of office facilities
D) meeting operating expenses


4. What does the following mean when printed on the stock exchange ticker tape?

A) the preceding transaction in MST was tow or more points different than 98.25
B) trading was suspended on MST pending dissemination of news
C) one hundred shares of MST traded on the exchange and appear out of order on the tape
D) the last sale of MST was for 100 shares at 98.25


5. A limit order is best describes as an order:

A) to be executed at a specific price or better
B) to sell at a specific price or higher
C) to buy at a specific price or lower
D) that is in effect for only one day


Solutions:

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

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