Take this free FINRA Series 7 practice exam to get an idea of what is on the exam to become a financial investment representative.
The Series 7 exam (the General Securities Representative Qualification Examination (GS)) tests your competency as a general securities representative, including sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options and government securities. Topics tested include: Seeks Business for the Broker-Dealer from Customers and Potential Customers; Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives; Provides Customers with Information about Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records; Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions.
Candidates must pass the Securities Industry Essentials (SIE) exam and the Series 7 exam to obtain the General Securities Representative registration.