Series 7 Study Guide

220+ Terms & Concepts for the FINRA General Securities Representative Exam

Pass the Series 7 — the FINRA General Securities Representative Exam — with a focused, high-yield concept review built for the current two-part format: Part 1 = 75 questions (2 h 15 m), Part 2 = 50 questions (1 h 30 m), with an optional break between them; 125 scored multiple-choice questions total, 72% passing standard, administered by FINRA at Prometric testing centers. The SIE is a co-requisite: you must pass both the SIE and the Series 7 to register as a general securities representative, and unlike the SIE (open to anyone 18+), the Series 7 is a top-off exam that requires firm sponsorship from a member FINRA firm. The guide teaches 220+ high-yield terms and concepts across 13 parts — exam format & registration, equity securities, debt securities & fixed-income, options, investment companies, municipal securities & underwriting, margin accounts, customer accounts & documentation, suitability & recommendations, orders, settlement & trading, taxation & retirement products, regulations & prohibited activities, and final review & test-day strategy — in the same proportion FINRA weights its four job functions (7% / 9% / 73% / 11%), with a formula recall sheet (margin, options, bond yields, TEY), a content-weighted study plan, and test-day pacing built for roughly 108 seconds per question. Retake rules (30 days after a 1st or 2nd failure, 180 days after the 3rd and each subsequent), the 2-year exam-credit window, and current registration details are covered — confirm fees at finra.org. Independent study aid; this guide is NOT affiliated with, endorsed by, or sponsored by FINRA (the Financial Industry Regulatory Authority) or any other organization referenced in this workbook. Series 7 is an examination administered by FINRA. Exam format, content outline, fees, and policies can change — confirm current details with the official FINRA Series 7 Content Outline and registration pages at finra.org before registering. Does not reproduce official exam questions.