Financial Services: Series 7 Exam Preparation
The Series 7 exam or the General Securities Registered Representative Exam is administered by FINRA (Financial industry Regulatory Authority) and is designed specifically to examine that the candidates appearing for the Series 7 exam or those who are seeking to be a stockbroker; have full knowledge of the market and the related regulations. All those seeking the securities license need to take the Series 7 Exam.
Finance Series 7 Test Format
The Series 7 exam lasts for around six hours and covers a vast area of regulations of practice. The exam questions are multiple choice and are divided into two sections containing 125 questions each and ten pre-test questions for future standardizations.
The basic aim of the Series 7 exam is to evaluate the candidate's knowledge of stock markets and commonly traded commodities and financial products like bonds and mutual funds. Issues like ethics of trading, economic theories, interest rates, mortgages and debts are also addressed in the exams.
The Series 7 exam also features the question based on regulations surrounding the markets including selling short, insider trading, host of other regulations and financial responsibilities of traders.
Finance Series 7 Study Guide For Test Prep
Being a licensed securities trader by clearing Series 7 exam was difficult and it is expected to get even tougher in approaching times. A very Good Series 7 test guide is highly essential to navigate through this test and more over the issues mentioned in the last of the previous section keeps on altering every year. So not only you have to clear up the basics but also need to enlighten yourself with all the breaking shots that occurred in the recent times.
Series 7 Study Guide (printed book)
Series 7 Study Guide (ebook download)
Series 7 Study Guide (Flash Cards)
How to Prepare for Multiple Choice Questions
Tips and tricks that can help you prepare for multiple choice questions and increase your mark. Prepared by professionals these tricks help you excel in Series 7 Exam multiple choice exam.
