Series 7


Series 7 – General Securities Representative

The Series 7 Exam – representative-level FINRA exam qualifies an individual to sell a full range of investment products, including corporate securities, municipal securities, investment companies, variable products, direct participation programs, options and government securities.

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Securities Exam Preparation training can help you get your career started.

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Series 7 Exam Details

Exam Format: 125 multiple-choice questions
Exam Duration: 3 hours, 45 minutes (225 minutes)
Passing Score: 72%

Corequisite: SIE Exam
Broker-dealer Sponsorship: required

Series 7 Exam Outline

FUNCTION DESCRIPTION Percentage of Exam No. Questions
Function 1: Seeks Business for the Broker Dealer from Customers and Potential Customers 7% 9
Function 2: Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
Function 3: Provides Customers with Information About
Investments, Makes Suitable Recommendations,
Transfers Assets and Maintains Appropriate Records
73% 91
Function 4: Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes and Confirms Transactions 11% 14
TOTAL 100% 125

Series 7 Study Materials

Modules: 23 chapters delivered in mobile-friendly, online and printable .pdf formats
Module Quizzes: Twenty-three 20-question, module quizzes to gauge initial comprehension
Live Tutorials: Live, instructor led tutorials offered on a rotating calendar basis
OnDemand Tutorials: 23 mobile friendly OnDemand, recorded tutorials available 24/7
Bonus Tutorials:

  • Introduction to the Series 7
  • Test taking tips to help you beat the test

Midterms: Two midterms: a 25-question and a 50-question test
Mini Finals: Two 50-question mini-finals
Final Exams: Six 125-question, weighted finals that simulate the Series 7 exam
Green Light Status Indicator: Know with confidence your level of preparedness
Remediation:

  • Suggested Study Plan: System-generated study plan based on incorrect answers on initial assessments. Includes a custom suggested study plan assessment containing actual missed questions from final exams.
  • Custom Assessments: Create unlimited, 20 or 50-question, custom exams from any number of modules. Feature unlocks when final exams are completed.

Instructor Access: Unlimited email/phone access to our expert NRS Exam Prep instructors
FIRE Drill App: Access to additional practice questions in our free Series 7 FIRE Drill App

Price: $287

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No Pass/No Pay

Candidates who correctly complete our program and achieve our designated “Green Light” average score on their practice final exams go on to pass their actual FINRA/NASAA exams. We are so confident that we offer candidates a “NO-PASS, NO-PAY” guarantee. We will refund full tuition to any “Green Light” student who does not pass their actual FINRA/NASAA exam.*

*The NRS Exclusive NO-PASS, NO-PAY Guarantee: To qualify for a refund, you must complete all course materials: Read all modules, attend all tutorials, take all quizzes and tests, and achieve an average score on your first attempt final exams of 3% over the passing score requirement for your FINRA/NASSA exam. Refund applies to online course fees only.

Test Center

Prometric is the sole vendor delivering all FINRA-administered exams. Prometric facilities are located in most cities. To schedule an exam, contact Prometric at

If your local test center does not have favorable availability, consider testing in a neighboring city. Ask about parking when you schedule your exam.
Candidates must present valid, current, government issued photo identification. This includes

  • Passport
  • Driver’s License
  • Military ID

Student IDs are NOT accepted by Prometric.