The General Securities Representative exam — adaptive practice across products, options, customer accounts, and the recommendation rules, at the depth the 7 actually demands.
The Series 7 (FINRA’s General Securities Representative Examination) is the big one: 125 scored questions in 225 minutes, pass at 72%, and the license that lets a registered representative sell essentially the full product shelf — equities, corporate and municipal debt, options, mutual funds and ETFs, variable products, and more. The published outline organizes it around the representative’s job functions, and in practice the scoring centers on one function: providing customers with investment information, making suitable recommendations, transferring assets, and maintaining appropriate records — roughly 90% of the scored questions.
That means the 7 is a depth exam: options strategies and their breakevens, bond math and yield relationships, municipal securities rules, margin mechanics, suitability across customer profiles, and account rules from opening to settlement. It assumes the SIE foundation and goes deeper everywhere. Keentune’s adaptive drills push the three shared securities skills to Series 7 depth — the products skill carrying options and debt, the markets skill carrying trading and math, the regulation skill carrying accounts and conduct — and every explanation names the classic trap (the breakeven you computed from the wrong side, the yield relationship you inverted). Original questions from the public FINRA outline — never real exam items.
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What’s on the Series 7 exam
Questions
125 scored (+ 10 unscored pretest)
Time
225 minutes (3h 45m)
Passing score
72%
Prerequisites
SIE + firm sponsorship (Form U4)
Provides customers with information; makes suitable recommendations; transfers assets; maintains records
~91%
The heart of the exam — products in depth (options and debt especially), suitability, taxation, and account handling.
The other job functions (seeking business, opening accounts, processing transactions)
~9%
Prospecting rules, account opening, order handling, and settlement — lighter weighted but fully testable.
Structure from the public FINRA Series 7 content outline, reviewed 2026-07-17. Verify current details with FINRA before booking.
Practice by section
Products in depth
Equities, corporate debt, municipals, options and multi-leg strategies, funds, ETFs, variable products, and packaged alternatives — characteristics, risks, and the math.
Original practice aligned to the public FINRA Series 7 content outline — never actual exam questions. Keentune is independent study practice, not affiliated with or endorsed by FINRA, never guarantees a pass, and is educational only — how products and rules work, never investment advice.
It is the depth exam of the representative track — most candidates put in well over a hundred study hours. The two areas that decide most outcomes are options (strategies, maximum gain/loss, breakevens) and debt (price/yield relationships, munis). Both reward drilling until the setups are automatic, which is exactly what adaptive practice is for.
What are the prerequisites?
You must pass the SIE (no sponsorship needed for that) and be sponsored by a FINRA member firm to sit the Series 7 itself. Most reps then add the Series 63 or 66 for state registration. Your firm’s licensing team coordinates the sequence.
How should I attack options questions?
Set up every options question the same way: write the position, compute premium in/out, then reason maximum gain, maximum loss, and breakeven from the structure rather than memorized tables — the exam’s wrong answers are exactly the values you get by shortcutting. Our explanations walk that setup on every options item so the method becomes reflex.
Does this practice use real exam questions?
No — every question is original, authored from the public FINRA content outline and primary sources. Real exam items are confidential and legally protected, and using them would be both illegal and useless preparation. Keentune is independent and never guarantees a pass.
All exam, test, and product names and trademarks are the property of their respective owners and are used here for identification and reference only. Keentune is independent study practice — not affiliated with, authorized, or endorsed by any of these organizations.