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Exam Code: Series-7
Exam Name: General Securities Representative Qualification Examination (GS)
Updated: Sep 09, 2026
Q & A: 402 Questions and Answers
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Reference: https://www.finra.org/registration-exams-ce/qualification-exams/series7
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| Section | Weight | Objectives |
|---|---|---|
| Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions | 11% | - Trade settlement and confirmation - Handling errors and discrepancies - Order types and execution procedures - Recordkeeping and reporting requirements |
| Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records | 73% | - Municipal securities - Debt securities and government obligations - Options and derivative products - Direct participation programs - Portfolio analysis and risk management - Investment company securities and variable contracts - Characteristics of equity securities - Taxation and regulatory rules |
| Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives | 9% | - Types of accounts and ownership structures - Account documentation and regulatory compliance - Customer information collection - Determining investment suitability |
| Seeks Business for the Broker-Dealer from Customers and Potential Customers | 7% | - Regulatory requirements for communications with the public - Identification of potential customers - Prospecting and sales practices |
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