Series 7 Exam
General Securities Representative Exam
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FINRA Series 7 ExamΒ
- 125 multiple-choice questions (+5 unscored), 3 hour 45 minutes to complete, 72% passing score
- Recommended study time: 100 to 120 hours, depending on background
- Licensing exam for general securities reps covering stocks, bonds, options, mutual funds, and regulations.Β Must be sponsored by a FINRA-member firm (usually a broker-dealer) to take the exam
- Examines your understanding of equity and debt products, options strategies, account types, tax rules, and FINRA regulations