FINRA-Series 7 Exam (270 Questions)

Description:

Passing the Series 7 exam is essential for launching a successful career in the securities industry. The key to success in this exam is practice, and the most effective way to prepare is by continuously testing yourself. This course offers a series of timed practice exams that replicate the exact format, topics, and timing of the actual Series 7 exam. After each practice test, you'll receive immediate feedback with detailed explanations of your answers. You can retake the tests until you achieve a perfect score, ensuring you are thoroughly prepared for the real exam.

This course is designed to help you maximize your score by improving your test-taking efficiency, accuracy, and speed. You will also learn strategies for handling the pressure of timed exams and tips for approaching difficult questions with confidence.

The Series 7 exam consists of 125 multiple-choice questions, which you must complete in 3 hours and 45 minutes, plus an additional 10 research questions that are not scored. The timed practice tests are designed to mirror these conditions, so you can gauge your progress and refine your approach.

Key topics covered in the exam include:

• Fiduciary Accounts

• Hypothecation

• Roth IRA

• Insider Trading

• Short Selling

• SIPC

• FINRA Code of Procedure

• Discretionary Brokerage Accounts

• Fannie Mae

• Certificates of Deposit

• SEC Act of 1934

• Cyclical Industries

• Short Interest Theory

• 401k Plans

• Foreign Mutual Funds

• New York Stock Exchange

• Combination Privilege

• Stock Split

• Margin Trading

• Benefits of Stock Ownership

• REITs

• Authorized Stock

• Company’s Net Worth

• Book Value vs. Market Value

• Stock Certificate

• Warrants

• American Depositary Receipt

• Dividends