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What is the duration, language, and format of FINRA Series 7 Certification Exam
- Format: Multiple choices, multiple answers
- Length of Examination: 225 minutes
- Language: FINRA Series 7 offered in English (U.S.), Chinese (Simplified), Czech, Dutch, French, German, Hebrew, Italian, Japanese, Korean, Polish, Portuguese (Brazil), Russian, Spanish, and Turkish.
- Number of Questions: 125
- Passing score: 72%
Reference: https://www.finra.org/registration-exams-ce/qualification-exams/series7
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FINRA Series-7 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Provides Information About Investments | - Taxation and risk characteristics - Equities, fixed income, and packaged products |
| Seeks Business for the Broker-Dealer | - Prospecting clients and marketing products - Understanding regulatory constraints on communications |
| Makes Recommendations and Transfers Assets | - Account transfers and asset movement procedures - Suitability and recommendation rules |
| Evaluates Customers' Financial Profile | - Financial status and suitability assessment - Customer investment objectives and risk tolerance |
| Processes Customer Orders | - Trade reporting and confirmation procedures - Order entry, execution, and settlement basics |
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