FINRA Series7 actual dump : General Securities Representative Examination (GS)

Series7
  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
  • Updated: Aug 07, 2026
  • Q & A: 400 Questions and Answers

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FINRA Series7 Exam Syllabus Topics:

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

                      FINRA General Securities Representative Examination (GS) Sample Questions:

                      1. Bubba buys a 5% municipal bond maturing in 15 years that is trading at a market price of 85. What is the
                      yield to maturity using the "rule of thumb" method?

                      A) 6.49%
                      B) 5.10%
                      C) 5.00%
                      D) 5.88%


                      2. Which securities do not receive dividends?

                      A) common stock
                      B) ADRs
                      C) preferred stock
                      D) warrants


                      3. Which of the following is not an attribute of US treasury bills?

                      A) an unusually high degree of liquidity
                      B) is most often issued with three-month, six-month, and one-year maturities
                      C) always sells at a discount to face value
                      D) interest is exempt from federal income taxes


                      4. To qualify as an intrastate offering under SEC Rule 147, which of the following is true of the issue?

                      A) it must be approved by the SEC
                      B) it must be sold only to bona fide residents of one state
                      C) it must consist of common stock only
                      D) it cannot exceed $1,500,000 in value


                      5. Which of the following are direct obligations of the US government?

                      A) Series EE bonds
                      B) both B and C
                      C) Import-Export bank bonds
                      D) Farm Credit System bonds


                      Solutions:

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

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