FINRA Series 7 (General Securities Representative)

First published: September 3, 2026Last verified: September 3, 2026Reviewed by the CertQuestUSA team

TL;DR

FINRA Series 7 (General Securities Representative): a 500-question practice bank for the real Securities & Investment Licensing standard, 4 full papers of 125 questions each with no repeats, every question citing the real regulation it comes from.

Where these questions come from

Every question in this bank cites a real source -- primarily FINRA-S7-OUTLINE-2025 -- Pages 10 through (27%) and FINRA-S7-OUTLINE-2025 -- Pages 14 and (9%) of this exam's citations.

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4

full papers, no repeats

125

questions per paper

500

questions in the bank

What this exam covers

Seeks Business for the Broker-Dealer from Customers and Potential Customers7%
Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives9%
Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%
Obtains and Verifies Purchase and Sales Instructions and Agreements; Processes, Completes and Confirms Transactions11%

5 real sample questions

A representative emails the same bond-fund advertisement to 40 retail investors within 30 calendar days. How is it classified?

A. Retail communication

B. Correspondence

C. Institutional communication

D. Internal firm communication

Source: FINRA-2210 -- Rule 2210(a)(5), definition of retail communication and thirty-day recipient threshold

A representative sends a personalized securities recommendation by email to 18 retail customers during a 30-day period. Which classification generally applies?

A. Institutional communication

B. Correspondence

C. Public appearance

D. Retail communication regardless of recipient count

Source: FINRA-2210 -- Rule 2210(a)(2), correspondence definition and twenty-five-retail-investor distribution limit

A firm sends a market analysis exclusively to banks and registered investment companies, and reasonably believes it will not be forwarded to retail investors. How is it generally classified?

A. Correspondence

B. Retail communication

C. Institutional communication

D. Prospectus

Source: FINRA-2210 -- Rule 2210(a)(3), institutional communication definition and retail-forwarding condition

A firm creates a new retail advertisement for a variable annuity. What generally must occur before first use?

A. A customer must notarize it

B. The insurer must guarantee every illustration

C. It may be used first and reviewed at year-end

D. An appropriately qualified registered principal must approve it in writing, subject to applicable rule exceptions

Source: FINRA-2210 -- Rule 2210(b)(1), registered principal approval of retail communications before use or filing

A municipal-bond advertisement emphasizes tax advantages but omits credit, call, and market risks. Which content principle is most directly violated?

A. Communications must be fair and balanced and cannot omit material facts in a misleading way

B. Every municipal communication must guarantee principal

C. Risk disclosure is prohibited in advertisements

D. Only the issuer may mention tax treatment

Source: FINRA-2210 -- Rule 2210(d)(1), fair and balanced standards and material omissions

Real-world data for this exam

Securities, Commodities, and Financial Services Sales Agents: real median wageMay 2025$78,660/yr Part of the real SIE (Securities Industry Essentials) career pathExplore ›

Frequently asked questions

How many questions are on the CertQuestUSA FINRA Series 7 (General Securities Representative) practice test?

500 questions total, split into 4 full papers of 125 each with no repeats across papers.

What topics does the FINRA Series 7 (General Securities Representative) test cover?

4 domains, with the heaviest weight on Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records (73%), Obtains and Verifies Purchase and Sales Instructions and Agreements; Processes, Completes and Confirms Transactions (11%), and Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives (9%).

Where do CertQuestUSA's FINRA Series 7 (General Securities Representative) questions come from?

Primarily FINRA-S7-OUTLINE-2025 -- Pages 10 through (27%) and FINRA-S7-OUTLINE-2025 -- Pages 14 and (9%) of this bank's citations -- computed directly from this exam's own question sources, not a generic description.

Is there a free diagnostic for FINRA Series 7 (General Securities Representative)?

Yes -- 10 real questions across the exam's domains, no sign-up required, with a domain-by-domain breakdown at the end.