General Securities Representative Exam Question Breakdown. Prospecting for and Qualifying Customers: 4% of questions Per Exam. Evaluating Customer Needs and Objectives: 2% of questions Per Exam. Providing Customers with Investment Information and Making Suitable Recommendations: 48% of questions Per Exam. Handling Customer Accounts and Account Records: 11% of questions Per Exam. Understanding and Explaining the Securities Markets` Organization and Participants to Customers: 21% of questions Per Exam. Processing Customer Orders and Transactions: 5% of questions Per Exam. Monitoring Economic and Financial Events, Performing Customer Portfolio Analysis and Making Suitable Recommendations: 8% of questions Per Exam. Uniform Securities Agent State Law Exam Question Breakdown. Registration of Persons: 40% of questions Per Exam. Securities: 10% of questions Per Exam. Business Practice: 40% of questions Per Exam. Administrative Provisions & Other Remedies: 10% of questions Per Exam. General Securities Representative - (
Series 7) - 250 multiple choice questions - administered in two parts of 125 questions each; 3 hours testing time for each part. This registration qualifies a candidate for the solicitation, purchase, and/or sale of all securities products, including corporate securities, municipal securities, municipal fund securities, options, direct participation programs, investment company products, and variable contracts. General Securities Representative Exam The exam is a six-hour, 260 question test (250 of which count towards the final score) that is owned, maintained and administered by the Financial Industry Regulatory Authority (FINRA), which covers a broad range of investments including stocks, bonds, options, limited partnerships, and investment company products (e.g., open- and closed-end funds). A candidate must answer 70% of the questions correctly in order to pass. Upon passing the test, one is granted a
Series 7/General Securities license.
