FINRA Series7 Valid Dumps - General Securities Representative Examination (GS)

Updated: Aug 17, 2026
Q & A: 400 Questions and Answers

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FINRA Series7 Exam Syllabus Topics:

SectionWeightObjectives
Seeks Business for the Broker-Dealer from Customers and Potential Customers9%- Customer acquisition and prospecting
  • 1. Communications with the public
  • 2. Business development activities
Provides Customers with Information About Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records73%- Investment products
  • 1. Government securities
  • 2. Equity securities
  • 3. Debt securities
  • 4. Municipal securities
  • 5. Options
  • 6. Direct participation programs
  • 7. Investment companies and variable products
- Customer recommendations and transactions
  • 1. Portfolio and risk considerations
  • 2. Suitability and best interest obligations
  • 3. Asset transfers and record maintenance
Obtains and Verifies Customers' Purchase and Sale Instructions and Agreements; Processes, Completes and Confirms Transactions7%- Trade execution and settlement
  • 1. Trade processing
  • 2. Order handling
  • 3. Books and records requirements
  • 4. Settlement and confirmations
Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives11%- Customer accounts and documentation
  • 1. Account types and registrations
  • 2. Suitability and customer profile
  • 3. Customer identification requirements

FINRA General Securities Representative Examination (GS) Sample Questions:

1. Which of the following options positions is characteristic of a short straddle?

A) long one put and short one call
B) long one call and long one put
C) long one call and short one put
D) long one put and short one call


2. Regulation T is set at 50%. Bubba's account contains long positions in the following securities with the
prices listed
1 00 ABC $30
2 00 XYZ $70
2 00 QBB $40
2 00 KKK $25
Total market value = $30,000
Debit balance in the account = $12,000
Net equity balance of the account = $18,000
Bubba wants to buy 100 shares of DUM at $30 per share and 100 shares of OUT at $120. How much
additional money must be deposited?

A) $6,000
B) $7,000
C) $4,500
D) $1,500


3. Smart Guys Securities Corporation has given a workable bid to Better Guys Securities Corporation. If
market conditions change, Smart Guys may:

A) change the bid
B) not change the bid
C) change the bid only with prior approval of the other dealer
D) not change the bid unless first notifying the other dealer


4. Which of the following preferred issues is likely to fluctuate most in value?

A) callable preferred
B) broker preferred
C) convertible preferred
D) cumulative preferred


5. On which of the following is depreciation permitted?

A) equipment subject to recapture
B) residential property not used for business
C) property whose maintenance exceeds the investment credit
D) rental property whose value is declining


Solutions:

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

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