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Last Updated: Aug 23, 2026

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FINRA Series7 Exam Syllabus Topics:

SectionObjectives
Topic 1: Job Functions Overview- Function 1: Seeks Business for the Broker-Dealer
  • 1. Identifies investment opportunities and solicits new clients
    • 2. Opens accounts after obtaining and evaluating customer financial information
      - Function 2: Opens Accounts After Obtaining and Evaluating Customers' Financial Profile
      • 1. Ensures compliance with suitability and regulatory requirements
        • 2. Determines investment objectives, risk tolerance, and financial situation
          - Function 3: Provides Customers with Information About Investments and Makes Suitable Recommendations
          • 1. Recommends equities, debt instruments, mutual funds, ETFs, options, and variable products
            • 2. Weight: ~73% of exam content
              • 3. Explains characteristics, risks, and features of investment products
                - Function 4: Processes Orders and Maintains Appropriate Records
                • 1. Maintains required documentation and recordkeeping standards
                  • 2. Executes trades in accordance with customer instructions and regulations
                    • 3. Weight: ~11% of exam content

                      FINRA General Securities Representative Examination (GS) Sample Questions:

                      1. Which of the following are not flat rate taxes?

                      A) gasoline tax
                      B) general income tax
                      C) excise tax
                      D) gift tax


                      2. Bubba's margin account has $1,000 of SMA. If he buys $20,000 of listed securities, how much fully paid
                      margin stock must he deposit to respond to a Reg T requirement of 50%?

                      A) $18,000
                      B) $9,000
                      C) $20,000
                      D) 10,000


                      3. How much currency is one mil worth?

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


                      4. Regulation A permits a short form of filing for offerings of new securities provided the total amount of the
                      offering does not exceed:

                      A) $5,000,000
                      B) $1,000,000
                      C) $2,500,000
                      D) $2,000,000


                      5. Commercial paper is typically issued with a maturity date not exceeding:

                      A) 270 days
                      B) 6 months
                      C) 1 year
                      D) 90 days


                      Solutions:

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

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