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FINRA Updated Series-7 Exam Questions and Answers by prince

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FINRA Series-7 Exam Overview :

Exam Name: Series 7 General Securities Representative Qualification Examination (GS)
Exam Code: Series-7 Dumps
Vendor: FINRA Certification: General Securities Representative
Questions: 400 Q&A's Shared By: prince
Question 104

Bubba’s margin account has $1,000 of SMA. If he buys $20,000 of listed secu rities, how much fully paid margin stock must he deposit to respond to a Reg T requirement of 50%?

Options:

A.

$20,000

B.

$9,000

C.

10,000

D.

$18,000

Discussion
Question 105

Smart Guys Securities Corporation has given a workable bid to Better Guys Securities Corporation. If market conditions change, Smart Guys may:

Options:

A.

not change the bid

B.

not change the bid unless first notifying the other dealer

C.

change the bid only with prior approval of the other dealer

D.

change the bid

Discussion
Question 106

Which of the following is considered a firm quotation in the over-the-counter market?

Options:

A.

27.50

B.

27.50 workout

C.

27.50 subject

D.

both B and C

Discussion
Question 107

Bubba owns 200 shares of XYZ at $90, and wishes to hedge the position while generating income.

What is the best recommendation?

Options:

A.

sell calls

B.

sell puts

C.

buy calls

D.

buy puts

Discussion
Anaya
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Angus May 23, 2026
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