General Securities Representative Qualification Examination (GS)

Here you have the best FINRA Series 7 practice exam questions

You have 400 total questions across 80 pages (5 per page)
These questions were last updated on February 21, 2026
This site is not affiliated with or endorsed by FINRA.

Question 1 of 400

Which of the following preferred issues is likely to fluctuate most in value?

cumulative preferred

callable preferred

convertible preferred

broker preferred

Question 2 of 400

Which of the following rights does an ADR holder not have?

preemptive rights

the right to vote for your mother-in-law as a board member

the right to transfer ownership

the right to see financial statements

Question 3 of 400

A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.
How many rights will the corporation distribute to its shareholders?

one million

six million

ten million

sixteen million

Question 4 of 400

$10

Question 5 of 400

A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.
What subscription ratio is the corporation establishing for each new share?

6 rights per share

10 rights per share

6 million rights per share

10 million rights per share

About the FINRA Series 7 Certification Exam

About the Exam

The FINRA Series 7 (General Securities Representative Qualification Examination (GS)) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 400 practice questions across 80 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our Series 7 questions are regularly updated to reflect the latest exam objectives.