What is the FINRA Series 7?

The Series 7 exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative.

How hard is the FINRA Series 7 exam?

Is the Series 7 Exam Difficult? Clocking in at 125 questions to be answered in three hours and 45 minutes, the Series 7 exam is considered the most difficult of all the securities licensing exams. The minimum passing score is 72, which may not seem that difficult.

How do I get my FINRA Series 7 license?

Those who get this license are officially listed as registered representatives by FINRA, but are more commonly referred to as stockbrokers….Here are the steps to follow to earn your license.

Step 1: Take and Pass the SIE Exam.
Step 2: Secure a Sponsorship.
Step 3: Study for the Series 7 Exam.
Step 4: Pass the Series 7 Exam.

What is a Series 16?

The Series 16 exam — the Supervisory Analysts Qualification Exam (SA) — assesses the competency of an entry-level principal to perform their job as a supervisory analyst.

What is a Series 17?

INTRODUCTION. The United Kingdom Securities Representative Qualification Examination (Series 17) is a subset of the General Securities Representative Qualification Examination (Series 7). The examination is developed and maintained by the Financial Industry Regulatory Authority (FINRA).

What is a supervisory analyst?

Filters. A financial analyst who has passed a New York Stock Exchange exam that qualifies him or her to supervise other analysts. A supervisory analyst must approve research reports and notes before they are distributed to the firm’s clients or the public.

Should I take the SIE or Series 7 first?

SIE is a co-requisite for the Series 6 and Series 7 exams and can be taken any time before or after the Top-Off exams (within 4 years). We recommend, however, that you pass your SIE exam first and then prepare for Series 6 or 7 Top-Off.

What are the requirements for the series 7 exam?

For more information on registration requirements, refer to FINRA Rule 1210. The SIE exam is a corequisite to the Series 7 exam. Candidates must pass both the Series 7 exam and the SIE exam to obtain the General Securities registration.

What is the series 7 general securities representative exam?

Please see the complete message including information about online test delivery. The Series 7 exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative.

Who is eligible to take the FINRA representative exam?

Candidates must be associated with and sponsored by a FINRA member firm or other applicable self-regulatory organization (SRO) member firm to be eligible to take FINRA representative-level qualification exams. For more information on registration requirements, refer to FINRA Rule 1210.

What can I do with a series 7 registration?

If you obtained a General Securities Representative (Series 7) registration prior to November 7, 2011, you will be able to trade municipal securities, structure municipal securities underwritings and perform certain other activities involving municipal securities.

What is the FINRA Series 7? The Series 7 exam — the General Securities Representative Qualification Examination (GS) — assesses the competency of an entry-level registered representative to perform their job as a general securities representative. How hard is the FINRA Series 7 exam? Is the Series 7 Exam Difficult? Clocking in at 125 questions…