Since our company’s establishment, we have devoted mass manpower, materials and financial resources into Series-7 exam materials and until now, we have a bold idea that we will definitely introduce our study materials to the whole world and make all people that seek fortune and better opportunities have access to realize their life value. Our Series-7 Practice Questions, therefore, is bound to help you pass though the exam and win a better future. We will also continuously keep a pioneering spirit and are willing to tackle any project that comes your way.

FINRA Series 7 Certification Path

• Step 1: Fist the applicant must take and pass the SIE Exam
• Step 2: After it Secure a Sponsorship
• Step 3: and then Study for the Series 7 Exam
• Step 4: At the end Pass the Series 7 Exam

>> Practice Test Series-7 Pdf <<

Pass Guaranteed Quiz FINRA - High Hit-Rate Series-7 - Practice Test General Securities Representative Qualification Examination (GS) Pdf

To let the clients have an understanding of their mastery degree of our Series-7 guide materials and get a well preparation for the test, we provide the test practice software to the clients. The test practice software of Series-7 practice guide is based on the real test questions and its interface is easy to use. The test practice software boosts the test scheme which stimulate the real test and boost multiple practice models, the historical records of the practice of Series-7 Training Materials and the self-evaluation function.

Introduction to FINRA Series 7 Certification Exam

The Series 7 exam, the General Qualification Representatives Exam (GS) exam, assesses the competence of a registered representative at entry-level to exercise its function as the general representative of qualifications.

The exam measures the extent to which each candidate has the knowledge necessary to perform the essential functions of a general securities representative, including sales of corporate securities, municipal securities, investment company securities, variable annuities, direct participation programs, options, and government bonds.

Applicants must successfully complete the Securities Industry Essentials (SIE) and Series 7 exams to obtain registration from the Financial Representative General.

How to study the FINRA Series 7 Certification Exam

There are two main types of resources for preparation of certification exams first there are the study guides and books that are detailed and suitable for building knowledge from ground up then there are video tutorials and lectures that can somehow ease the pain of through study and are comparatively less boring for some candidates yet these demand time and concentration from the learner. Smart Candidates who want to build a solid foundation in all exam topics and related technologies usually combine video lectures with study guides to reap the benefits of both but there is one crucial preparation tool as often overlooked by most candidates the practice exams. Practice exams are built to make students comfortable with the real exam environment. Statistics have shown that most students fail not due to that preparation but due to exam anxiety the fear of the unknown. DumpsActual expert team recommends you to prepare some notes on these topics along with it don't forget to practice FINRA Series 7 exam dumps which had been written by our expert team, Both these will help you a lot to clear this exam with good marks.

FINRA General Securities Representative Qualification Examination (GS) Sample Questions (Q11-Q16):

NEW QUESTION # 11
Which bond buyer index reflects the lowest average yield for municipal bonds?

• A. the 50-bond index
• B. the weekly unsold bond index
• C. the 11-bond index
• D. the 20-bond index

Answer: C

Explanation:
the 11-bond index. This index is the highest quality index and thus reflects the lowest average yield.

NEW QUESTION # 12
In considering the fairness of a firm's markup, the FINRA considers:

• A. dealer cost for the security
• B. financial condition of the client
• C. profitability of the member firm
• D. amount of the transaction

Answer: D

Explanation:
Explanation/Reference:
Explanation: amount of the transaction. The other choices are not FINRA considerations. The dollar amount of the transaction is one of the factors considered in markup fairness. Other factors include the type of security, the amount of service rendered, the unit price of the security, and general availability of the security.

NEW QUESTION # 13
Which of the following option positions is indicative of the same class of option?

• A. short one XYZ February 60 put and one ABC February 60 put
• B. long one XYZ October 20 call and one XYZ January 30 call
• C. long one XYZ July 70 put and one XYZ July 70 call
• D. short one XYZ June 40 call and one ABC June 20 call

Answer: B

Explanation:
Explanation/Reference:
Explanation: long one XYZ October 20 call and one XYZ January 30 call. Options in the same class are either both puts or both calls on the same security.

NEW QUESTION # 14
An investment company acting as a conduit in the distribution of net investment income, pursuant to IRS rules, is called:

• A. regulated
• B. diversified
• C. balanced
• D. dual-purpose

Answer: A

Explanation:
regulated. The term "regulated" refers to tax status under Subchapter M of the Internal Revenue Code. This simply means that if a mutual fund or other investment company qualifies for regulated status, the threat of taxation at multiple levels is eliminated.

NEW QUESTION # 15
For an FINRA member firm to exercise discretionary power in any customer account requires written authorization by that customer except when:

• A. the customer has given an oral approval after the transaction
• B. the customer is a spouse of the registered representative
• C. only time and price of execution are involved
• D. both B and C

Answer: C

Explanation:
Explanation/Reference:
Explanation: only time and price of execution are involved. The only exception to the discretionary rule is when the customer gives discretion regarding time and price of execution.

NEW QUESTION # 16
......

Series-7 Reliable Study Notes: https://www.dumpsactual.com/Series-7-actualtests-dumps.html