FINRA Series 7 study guide
FINRA Series 7, administered by FINRA owns and administers the Series 7 exam and its Content Outline, is mapped here as 2 topic areas; the heaviest are F2 — Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives (9%) and F1 — Seeks Business for the Broker-Dealer from Customers and Potential Customers (7%).
About this course: Original FINRA Series 7 practice questions, recorded lessons, memory hooks and explained answers. Start with the free introductory modules.
FINRA Series 7 at a glance
- Questions
- 125
- Time allowed
- 225 minutes (3 hours 45 minutes)
- Passing standard
- 72 (0-100 scaled, equated score)
- Format
- 125 scored multiple-choice items (4 answer choices each) + 5 unscored pretest items = 130 total administered
- Standard / edition
- 2025-10 Content Outline edition (5 unscored pretest items effective Oct 27, 2025 — pre-Oct-2025 editions administered 10 unscored / 135 total)
- Administered by
- FINRA owns and administers the Series 7 exam and its Content Outline
Source: 2025-10 Content Outline edition (5 unscored pretest items effective Oct 27, 2025 — pre-Oct-2025 editions administered 10 unscored / 135 total), FINRA owns and administers the Series 7 exam and its Content Outline. Confirm current details with the exam owner before you book.
Topic areas and weights
| Topic area | Weight | Concepts | Guide |
|---|---|---|---|
| F1 — Seeks Business for the Broker-Dealer from Customers and Potential Customers | 7% | 0 | Section below |
| F2 — Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives | 9% | 0 | Section below |
Study plan in this course
- Registration Gating: SIE, Series 6, and State Law: Exam Scope & Registration Gating — 3 cards · free
- Options: Building the Breakeven Math: Options — 19 cards · free
- Municipal Securities: Repayment Source and Tax: Municipal Securities — 11 cards · full course
- Margin: Chaining the Math Together: Margin — 8 cards · full course
- Suitability and Reg BI: The Regulatory Heart: Suitability, Recommendations & Reg BI — 8 cards · full course
- Debt Securities: Price, Yield, and the Conventions: Debt Securities & Yield — 9 cards · full course
- Equity and Packaged Products: Beyond the SIE: Equity & Packaged Products — 11 cards · full course
- Trading and Settlement: The Back-Office Mechanics: Trading, Settlement & Transaction Processing — 6 cards · full course
- Accounts and New Issues: The Thin-But-Real Functions: Accounts, New Issues & Communications — 6 cards · full course
F1 — Seeks Business for the Broker-Dealer from Customers and Potential Customers
F1 — Seeks Business for the Broker-Dealer from Customers and Potential Customers carries 7% of the FINRA Series 7 blueprint used in this course, the 4th-largest of its 2 weighted areas.
F2 — Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives
F2 — Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives carries 9% of the FINRA Series 7 blueprint used in this course, the third-largest of its 2 weighted areas.
Official references
- finra.org Series 7 exam page + FINRA Series 7 Content Outline 2025-10 'Corequisite' section
- FINRA Series 7 Content Outline 2025-10 §3.2 Options
- FINRA Series 7 Content Outline 2025-10 §3.2 "uncovered call or put writing"
- FINRA Series 7 Content Outline 2025-10 §3.2 "covered call ... writing for equity options"
- FINRA Series 7 Content Outline 2025-10 §3.2 "Protective put for equity and index options"
- FINRA Series 7 Content Outline 2025-10 §3.2 "Long and short spreads"
- FINRA Series 7 Content Outline 2025-10 §3.2 "Straddle/combination"
- FINRA Series 7 Content Outline 2025-10 §3.2 "The Options Clearing Corporation"
- FINRA Series 7 Content Outline 2025-10 §3.2 "American-style and European-style"
- Investment Company Act of 1940 + IRC: §1256
- FINRA Series 7 Content Outline 2025-10 §3.2 Municipal securities
- FINRA Series 7 Content Outline 2025-10 §3.2 "federal income tax status, state and local tax status"
- FINRA Series 7 Content Outline 2025-10 §3.2 "computation of taxable equivalent yield"
- FINRA Series 7 Content Outline 2025-10 §3.2 "computations of accrued interest"
- FINRA Rulebook: 4210, 2264, 2111, 2090, 2165
- FINRA Series 7 Content Outline 2025-10: §4.4, §2.3