Series 7 Exam; Series 7 Study Guide Lessons and Information

By FranzBusiness Education Investing Courses Careers

Series 7 Exam; Series 7 Study Guide Lessons and Information episodes

January 08, 2025 2025 Series 7 Top-Off Exam Quiz Lesson 50 Options pt 1
Series 7 Top-Off Exam Quiz Lesson 50 Options pt 1
This is a Quiz from Series 7 Top-Off Exam Quiz Lesson 50 Options Pt 1 call and Put Options

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
11 min
June 11, 2024 2024 Series 7 Top-Off Exam Quiz Lesson 39 Money Market
Series 7 Top-Off Exam Quiz Lesson 39 Money Market
This is a Quiz from Series 7 Top-Off Exam Quiz Lesson 39 Money Market

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
11 min
June 06, 2024 2024 Series 7 Top-Off Exam Lesson 23 Fixed Income pt 3
Series 7 Top-Off Exam Lesson 23 Fixed Income pt 3
This is a Quiz from Series 7 Top-Off Exam Lesson 23 Fixed Income pt 3

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
11 min
May 28, 20242024 Series 7 Lesson 22 Free Quiz: Fixed Income 2
This is a Series 7 Lesson 22 Free Quiz which is covering Fixed Income. Try it and see how you do if you need help listen to the lesson over.
Series 7 Lesson 22 Free Quiz
This is a Series 7 Lesson 22 Free Quiz which is covering Fixed Income. Try it and see how you do if you need help listen to the lesson over.
Questions covered include

We hope you did well on this Series 7 Lesson 22 Free Quiz

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27
New Series 7 Exam
The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.
Major Job Functions Percentage of Test Questions Number of Test Questions
(F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
(F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
(F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
(F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
TOTAL 100% 125”
The five job functions of the new Series 7 General Securities Representative Exam will be:
“Seeks business for the broker-dealer through customers and potential customers”
“Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”
“Opens accounts, transfers assets and maintains appropriate account records”
“Provides customers with information on investments and makes suitable recommendations”
“Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”
These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

Total Course 37 hours 10 Min
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
The full course details:
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
New Series 7 Exam and SIE Exam details.
All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..
https://www.finra.org/industry/essentials-exam
“Securities Industry Essentials (SIE) Exam
Available Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
• Essentials exam results are valid for four years.
The Essentials Exam at a Glance
________________________________________
Number of Items 75
Format Multiple Choice
Duration 105 minutes
Passing Score 70%
Cost $60”
Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
14 min
May 21, 20242024 Series 7 Lesson 21 Free Quiz: Fixed Income 1
This is a Series 7 Lesson 21 Free Quiz which is covering Fixed Income. Try it and see how you do if you need help listen to the lesson over.
Series 7 Lesson 21 Free Quiz
This is a Series 7 Lesson 21 Free Quiz which is covering Fixed Income. Try it and see how you do if you need help listen to the lesson over.
Questions covered include
We hope you did well on this Series 7 Lesson 21 Free Quiz

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27
New Series 7 Exam
The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.
Major Job Functions Percentage of Test Questions Number of Test Questions
(F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
(F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
(F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
(F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
TOTAL 100% 125”
The five job functions of the new Series 7 General Securities Representative Exam will be:
“Seeks business for the broker-dealer through customers and potential customers”
“Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”
“Opens accounts, transfers assets and maintains appropriate account records”
“Provides customers with information on investments and makes suitable recommendations”
“Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”
These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”

Total Course 37 hours 10 Min
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
The full course details:
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
New Series 7 Exam and SIE Exam details.
All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..
https://www.finra.org/industry/essentials-exam
“Securities Industry Essentials (SIE) Exam
Available Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
• Essentials exam results are valid for four years.
The Essentials Exam at a Glance
________________________________________
Number of Items 75
Format Multiple Choice
Duration 105 minutes
Passing Score 70%
Cost $60”
Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
12 min
May 14, 2024 2024 Series 7 Top-Off Exam Lesson 18 Common Stocks
Series 7 Top-Off Exam Lesson 18 Common Stocks
This is a sample of Series 7 Top-Off Exam Lesson 18 Common Stocks

The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
22 min
May 07, 2024 2025 Series 7 Study Guide Lesson 15.1 Risks of Defined Benefit Plans
Series 7 Top-Off Exam Lesson 15.1 Risks of Defined Benefit Plans
This is Series 7 Top-Off Exam on the Risks of Defined Benefit Plans
In this Lesson we outline the many risks of Defined Benefit Plans.
These risks include
Market Risk
Interest Rate Risks
Political Risks
Management Risk
Actuary Risks
Investment Risks
and more
Series 7 Top-Off Exam Quiz Lesson 6 Securities Act of 1933
The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
19 min
May 01, 2024 2024 Series 7 Top-Off Exam Quiz Lesson 6 Securities Exchange Act of 1934
Series 7 Top-Off Exam Quiz Lesson 6 Securities Exchange Act of 1934
This is Series 7 Top-Off Exam Quiz Lesson 6 Securities Exchange Act of 1934
1. Which of the following is true about the Securities Exchange Act of 1934?
(Select all that apply.)
A. It applies to exempt securities.
B. It determines what fair trading practices are.
C. It regulates the secondary trading of securities.
D. It was established by the Securities and Exchange Commission.
2. Which of the following is contained in a 10-K? (Select all that apply.)
A. balance sheet
B. cash flow statement
C. compensation of officers
D. income statement
3. The 10-Q is an audited financial report submitted quarterly to the Securities and Exchange Commission.
A. True
B. False
4. A ___ is filed if the company changes its name or there’s a 5% or greater change in the number of shares outstanding.
A. 10-C
B. 13-G
C. 15-B
D. 8-K
5. Which of the following is required from the broker-dealers by the Securities Exchange Act of 1934?
(Select all that apply.)
A. buy back stocks for customers that reneged on their transactions
B. electronically deliver clients’ confirmation and statements
C. maintain a minimum net capital
D. send customers a copy of their income statement
6. Under ___, margins are regulated from brokers to their customers.
A. Regulation D
B. Regulation M
C. Regulation T
D. Regulation U
7. Broker-dealers are allowed to disclose to customers the routing of the customers’ orders.
A. True
B. False
8. It is a totally anonymous matching of buy and sell orders.
A. alternative trading system
B. electronic exchange
C. electronics communication network
D. physical exchange
9. Which of the following are/were physical exchanges?
(Select all that apply.)
A. Cincinnati Stock Exchange
B. New York Stock Exchange (NYSE)
C. Pacific Stock Exchange
D. Philadelphia Stock Exchange
10. Which of the following is true about penny stocks?
(Select all that apply.)
A. They are sold on the over-the-counter bulletin board.
B. They are unsolicited orders.
C. They are traded on the NASDAQ and other listed exchanges.
D. They sell at less than $5.
11. The broker is not required to assess a penny stock buyer’s financial situation if the buyer is a/an ___.
(Select all that apply.)
A. accredited investor
B. client whose order is unsolicited
C. insider
D. interstate citizen
12. It is trading on nonpublic material information on the company.
A. front running
B. insider trading
C. pegging
D. wash trade
13. This is the catchall rule that prohibits anything fraud even if it is not specifically prohibited in the Securities Exchange Act of 1934.
A. Rule 10b-5
B. Rule 127-c
C. Rule 144A
D. Rule 145
14. For unlawful practices under the Securities Exchange Act of 1934, suits can be brought within ___ of discovery.
A. six months
B. one year
C. two years
D. three years
15. If a control person owns a position of a stock and he wants to lock in his profit or loss, he can ___.
A. dribble out
B. peg the stock
C. short against the box
D. short sell the stock
16. Anybody that has nonpublic material information on the company is considered an insider.
A. True
B. False
17. In the United Sates, they are exempted from the rules that prohibit insider trading.
(Select all that apply.)
A. congressmen
B. directors of the company
C. officers of the company
D. senators
18. Insiders can trade on the material nonpublic information once the information has been made public.
A. True
B. False
19. Only the Securities and Exchange Commission can sue insider traders.
A. True
B. False
20. The statute of limitation for insider trading is ___.
A. one year
B. three years
C. five years
D. ten years
Series 7 Top-Off Exam Quiz Lesson 6 Securities Exchange Act of 1934
The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
12 min
April 24, 2024 2024 Series 7 Top-Off Exam Quiz Lesson 5 Securities Act of 1933
Series 7 Top-Off Exam Quiz Lesson 5 Securities Act of 1933
This is Series 7 Top-Off Exam Quiz Lesson 5 Securities Act of 1933
1. Which of the following is true about the Securities Exchange Act of 1934?
(Select all that apply.)
A. It applies to exempt securities.
B. It determines what fair trading practices are.
C. It regulates the secondary trading of securities.
D. It was established by the Securities and Exchange Commission.
2. Which of the following is contained in a 10-K? (Select all that apply.)
A. balance sheet
B. cash flow statement
C. compensation of officers
D. income statement
3. The 10-Q is an audited financial report submitted quarterly to the Securities and Exchange Commission.
A. True
B. False
4. A ___ is filed if the company changes its name or there’s a 5% or greater change in the number of shares outstanding.
A. 10-C
B. 13-G
C. 15-B
D. 8-K
5. Which of the following is required from the broker-dealers by the Securities Exchange Act of 1934?
(Select all that apply.)
A. buy back stocks for customers that reneged on their transactions
B. electronically deliver clients’ confirmation and statements
C. maintain a minimum net capital
D. send customers a copy of their income statement
6. Under ___, margins are regulated from brokers to their customers.
A. Regulation D
B. Regulation M
C. Regulation T
D. Regulation U
7. Broker-dealers are allowed to disclose to customers the routing of the customers’ orders.
A. True
B. False
8. It is a totally anonymous matching of buy and sell orders.
A. alternative trading system
B. electronic exchange
C. electronics communication network
D. physical exchange
9. Which of the following are/were physical exchanges?
(Select all that apply.)
A. Cincinnati Stock Exchange
B. New York Stock Exchange (NYSE)
C. Pacific Stock Exchange
D. Philadelphia Stock Exchange
10. Which of the following is true about penny stocks?
(Select all that apply.)
A. They are sold on the over-the-counter bulletin board.
B. They are unsolicited orders.
C. They are traded on the NASDAQ and other listed exchanges.
D. They sell at less than $5.
11. The broker is not required to assess a penny stock buyer’s financial situation if the buyer is a/an ___.
(Select all that apply.)
A. accredited investor
B. client whose order is unsolicited
C. insider
D. interstate citizen
12. It is trading on nonpublic material information on the company.
A. front running
B. insider trading
C. pegging
D. wash trade
13. This is the catchall rule that prohibits anything fraud even if it is not specifically prohibited in the Securities Exchange Act of 1934.
A. Rule 10b-5
B. Rule 127-c
C. Rule 144A
D. Rule 145
14. For unlawful practices under the Securities Exchange Act of 1934, suits can be brought within ___ of discovery.
A. six months
B. one year
C. two years
D. three years
15. If a control person owns a position of a stock and he wants to lock in his profit or loss, he can ___.
A. dribble out
B. peg the stock
C. short against the box
D. short sell the stock
16. Anybody that has nonpublic material information on the company is considered an insider.
A. True
B. False
17. In the United Sates, they are exempted from the rules that prohibit insider trading.
(Select all that apply.)
A. congressmen
B. directors of the company
C. officers of the company
D. senators
18. Insiders can trade on the material nonpublic information once the information has been made public.
A. True
B. False
19. Only the Securities and Exchange Commission can sue insider traders.
A. True
B. False
20. The statute of limitation for insider trading is ___.
A. one year
B. three years
C. five years
D. ten years
Series 7 Top-Off Exam Quiz Lesson 5 Securities Act of 1933
The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
13 min
April 17, 2024 2025 Series 7 Top-Off Exam Quiz Lesson 42 Investment Company Act of 1940
Investment Company Act of 1940 Quiz
The Investment Company Act of 1940 Quiz, This is a Quiz from Series 7 Exam Quiz Lesson 42
Investment Company Act of 1940 Quiz
The Series 7 Top-Off Study Guide Audio Lessons for the New Series 7 Exam is the most comprehensive set of audio lessons which is available for the preparation to take the New Series 7 Top off Examination the course consists of 74 lessons which amounts to 32 hours and 27 min. in total length. Audio lessons are a supplement and not a substitute for the book learning that you should also be doing. Audio lessons simply allow you to learn comprehend and reinforce what you should also be learning through normal studying methods such as attending classes, reading books, and taking practice quizzes.

The full table of contents for the Series 7 Top-Off Study Guide is located here
The New Series 7 Top- Off Study Guide Audio Lessons is 74 lessons and a Total Length 32 hours 27 Min

The full table of contents for the Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam is located here
Effective October 1, 2018 Financial Industry Regulatory Authority (FINRA) changed the licensing of those that wish to work in the financial services industry. There is now a required prerequisite for most of the Licensing tests and this is the Securities Industry Essentials Exam
Securities Industry Essentials Exam is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Unlike the licensing exams such as the Series 4, 6, 7, 9, 10… which require the candidate to be employed by a member firm, Securities Industry Essentials Exam is open to anyone over the age of 18 including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
Essentials exam results are valid for four years.
Check out our podcast for the SIE Exam
Here is a link to our other study products
7 min