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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.
Oct 12, 2022 · The Series 7 is an exam and license that entitles the holder to sell all types of securities with the exception of commodities and futures.
The Series 7 is a three-hour, forty-five-minute exam. It is held in one four-hour session. There are 125 questions on the test. Candidates have to score at least 72% to pass. The SIE Exam and the Series 7 Exam are co-requisite exams. Average study time is between 80 and 150 hours depending on current financial knowledge.
Apr 20, 2020 · What is the Series 7 exam? Series 7 is not, sadly, anything to do with your favourite show on Netflix. Instead it’s a test, set by the Securities and Exchange Commission, that is designed to uphold the principles and fairness of the U.S. stockmarket.
Nov 28, 2023 · The Series 7 exam, also called the General Securities Representative Exam, is a regulatory licensing exam administered by FINRA to assess the competency of entry-level finance professionals involved in the selling, trading or dealing of securities.
Apr 12, 2024 · What is a Series 7 license? Known as the General Securities Registered Representative license, this license allows you to sell a broad range of securities.
The Series 7 exam is an exam and license that gives successful candidates the authority to sell all types of securities such as stocks and bonds, except commodities and futures. It is an entry-level requirement for stockbrokers who want to buy and sell securities in the United States.
Mar 26, 2008 · Individuals who want to enter the securities industry to sell any type of securities must take the Series 7 examination—formally known as the General Securities Representative Examination. Individuals who pass the Series 7 are eligible to register with all self-regulatory organizations to trade.
Sep 30, 2023 · You need a good study plan to pass the difficult Series 7 exam. We reviewed the best Series 7 exam prep courses in six categories to help narrow your search.
Apr 19, 2023 · The Series 7 license stands out in the industry because practitioners must pass one of the longest and most rigorous exams in the industry to obtain it. This license not only allows them to sell most securities, but it also means they have extensive knowledge of financial topics.
