Series 7 Exam Prep
The Series 7 is the big one -- the exam that qualifies you to sell virtually any security. 125 questions, 225 minutes, and a lot of options calculations. These materials are designed to make the complex stuff stick.
19 Chapters
Equities
Common and preferred stock, rights, warrants, ADRs, and equity securities fundamentals
Chapter 2Debt Fundamentals
Bond basics, pricing, yields, and the inverse relationship between price and interest rates
Chapter 3Additional Bond Features and Risks
Call and put provisions, yield to call, bond ratings, and risk types
Chapter 4Corporate & Government Debt
Secured vs unsecured bonds, T-bills, T-notes, T-bonds, agency securities, CMOs
Chapter 5Municipal Debt & Money Market
GO bonds, revenue bonds, tax treatment, and short-term instruments
Chapter 6Packaged Products
Mutual funds, ETFs, UITs, variable annuities, and investment company structures
Chapter 7Trading Markets
Primary vs secondary markets, exchanges, OTC, market makers, and order types
Chapter 8Trade Processing and Settlement
Settlement dates, good delivery, transfer of ownership, and clearing
Chapter 9Fundamentals of Options
Calls, puts, premiums, intrinsic value, time value, and basic strategies
Chapter 10Index Options and Advanced Strategies
Spreads, straddles, combinations, and index option settlement
Chapter 11Individual Customer Accounts
Account opening, suitability, Reg BI, trading authority, and senior protections
Chapter 12Other Account Types
Margin accounts, fiduciary and custodial accounts, joint accounts, and options accounts
Chapter 13Retirement and Education Savings
IRAs, employer-sponsored plans, variable annuities, 529 plans, and ABLE accounts
Chapter 14Primary Market
Securities Act of 1933, registration, exemptions, underwriting, and IPO timeline
Chapter 15Securities Exchange Act of 1934
SEC, insider trading, market manipulation, Reg SHO, SIPC, and federal regulations
Chapter 16Self-Regulatory Organization Rules
FINRA registration, supervision, communications, conduct rules, and MSRB regulations
Chapter 17Investment Analysis
Technical and fundamental analysis, portfolio theory, risk metrics
Chapter 18Taxation
Capital gains, cost basis, wash sales, tax-advantaged accounts, estate and gift taxes
Chapter 19Suitability and Recommendations
Investment objectives, risk tolerance, asset allocation, and customer profile matching
Study Tools
8 cards with swipe-to-study
32 options drill cards
All calculations in one place
30-question sample test
10-week preparation plan
Track your completion
24 errors to avoid
Chapter summaries and key concepts
Your final checklist for exam success
Official Resources
The reality: Options alone can be 25-30% of your questions. If you're not comfortable with max gain/loss/breakeven calculations, you're not ready.
The strategy: Master calculations first. The formula sheet exists for a reason -- these need to be automatic. Then layer in the conceptual stuff.
Time investment: Plan for 100-150 hours over 8-10 weeks. Prioritize options content (Chapters 9-10).