FINRA Series7 : General Securities Representative Examination (GS)

  • Exam Code: Series7
  • Exam Name: General Securities Representative Examination (GS)
  • Updated: Aug 05, 2026
  • Q & A: 400 Questions and Answers

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FINRA Series7 Exam Syllabus Topics:

SectionObjectives
Topic 1: Job Functions Overview- Function 2: Opens Accounts After Obtaining and Evaluating Customers' Financial Profile
  • 1. Determines investment objectives, risk tolerance, and financial situation
    • 2. Ensures compliance with suitability and regulatory requirements
      - 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. Recommends equities, debt instruments, mutual funds, ETFs, options, and variable products
              • 2. Explains characteristics, risks, and features of investment products
                • 3. Weight: ~73% of exam content
                  - 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

                      FINRA General Securities Representative Examination (GS) Sample Questions:

                      1. A treasury obligation having no fixed rate of interest with a thirty day maturity due April 22 is most likely a:

                      A) Series EE bond
                      B) tax anticipation bill
                      C) treasury note
                      D) Series H bond


                      2. Bubba plans to borrow some money and pledge securities as collateral. Which of the following can he not
                      use as collateral?

                      A) US treasury bills
                      B) US treasury bonds
                      C) US treasury notes
                      D) Series EE bonds


                      3. A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of
                      common stock. If it already has six million shares outstanding at the time of the offering. What
                      subscription ratio is the corporation establishing for each new share?

                      A) 6 million rights per share
                      B) 10 million rights per share
                      C) 6 rights per share
                      D) 10 rights per share


                      4. Who obtains and pays the municipal bond attorney rendering a legal opinion about the validity of the bond
                      issue?

                      A) the purchaser of the bonds
                      B) the underwriter
                      C) the municipality's financial adviser
                      D) the issuing municipality


                      5. Bubba Corporation has net income of $4,200,000. It has 100,000 outstanding shares of 8% preferred
                      stock ($100 par value) and 400,000 shares of common stock ($10 par value). What are the earnings per
                      share of common stock?

                      A) $10.50
                      B) $6.00
                      C) $4.20
                      D) $8.50


                      Solutions:

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

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