Important Finra Series-7 Exam Questions

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Finra General Securities Representative Examination (GS) Series-7 Exam

Attempt the General Securities Representative practice test and solve real exam-like Series-7 questions to prepare efficiently and increase your chances of success. Our Finra Series-7 practice questions match the actual General Securities Representative Examination (GS) exam format, helping you enhance confidence and improve performance. With our Series-7 practice exam software, you can analyze your performance, identify weak areas, and work on them effectively to boost your final General Securities Representative exam score.

Vendor: Finra
Exam Name: General Securities Representative Examination (GS)
Registration Code: Series-7
Related Certification: Finra General Securities Representative Certification
Exam Track: General Securities
Exam Audience: Investment Security Officer, Securities Representative,

Total Questions

400

Last Updated

06-12-2025

Exam Duration

360 MINUTES

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Question: 1

Bubba sells 100 shares of XYZ short at $58 and buys 1 XYZ Mar 60 Call at $3.

What is the customer's maximum loss?

Question: 2

Who obtains and pays the municipal bond attorney rendering a legal opinion about the validity of the bond issue?

Question: 3

The Securities Act of 1933 provides for:

Question: 4

Which of the following is not true about brokerage accounts?

Question: 5

Regulation T is set at 50%. Bubba's account contains long positions in the following securities with the prices listed:

100 ABC $30

200 XYZ $70

200 QBB $40

200 KKK $25

Total market value = $30,000

Debit balance in the account = $12,000

Net equity balance of the account = $18,000

If Bubba wants to buy 100 shares of DUM at $30 per share, how much additional money must be deposited?

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