Exam Domains

1 Seeks Business for Broker-Dealer from Customers and Potential Customers Weight not published

2 Opens Accounts after Obtaining and Evaluating Customers' Financial Profile and Investment Objectives Weight not published

3 Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets, and Maintains Appropriate Records Weight not published

4 Obtains and Verifies Customers' Purchase and Sales Instructions Weight not published

5 Processes, Completes, and Confirms Transactions Weight not published

Exam Details

Question TypesMultiple Choice

FormatLinear

Online ProctoringAvailable

ID RequirementsTwo forms of ID required: one government-issued photo ID (primary) and one secondary ID. Name on ID must match FINRA registration exactly.

RenewalRequired -- FINRA licenses remain active as long as registered with a member firm. Regulatory Element continuing education required within 120 days of 2-year anniversary, then every 3 years. Firm Element CE also required annually. If registration lapses, must retake exam after 2+ years of inactivity.

PrerequisitesMust pass the SIE exam before or concurrently with Series 7; Must be sponsored by a FINRA member firm

Retake Policy30-day waiting period after first and second failed attempts. 180-day waiting period after third failed attempt and any subsequent failures. Full exam fee required for each retake.

LanguagesEnglish

General Securities Representative Exam (Series 7) (Series 7) Exam Blueprint

Exam Domains

Exam Details

Official Study Resources