Series 7

AAA

DEFINITION of 'Series 7'

A general securities registered representative license administered by the Financial Industry Regulatory Authority (FINRA) that entitles the holder to sell all types of securities products with the exception of commodities and futures.

INVESTOPEDIA EXPLAINS 'Series 7'

The bulk of the Series 7 exam focuses on investment risk, taxation, equity and debt instruments, packaged securities, options, retirement plans, and interactions with clients such as account management.

In order to write the Series 7 exam, a candidate must be sponsored by financial company that is a member of FINRA or a self-regulatory organization (SRO).

Successfully completing the Series 7 exam is a prerequisite for most of the FINRA principal examinations.

RELATED TERMS
  1. Series 23

    An exam offered by the Financial Industry Regulatory Authority ...
  2. Series 14

    An exam administered by the Financial Industry Regulatory Authority ...
  3. Series 30

    A securities license entitling the holder to become a futures ...
  4. Series 31

    A securities license entitling the holder to sell managed futures ...
  5. Series 4

    A securities license entitling the holder to supervise options ...
  6. Series 55

    A securities license entitling the holder to actively participate ...
Related Articles
  1. Municipal Bond Tips For The Series 7 ...
    Insurance

    Municipal Bond Tips For The Series 7 ...

  2. Broker Or Trader: Which Career Is Right ...
    Options & Futures

    Broker Or Trader: Which Career Is Right ...

  3. Breaking Down Financial Securities Licenses
    Professionals

    Breaking Down Financial Securities Licenses

  4. Should You Add A Securities License ...
    Professionals

    Should You Add A Securities License ...

comments powered by Disqus
Hot Definitions
  1. Effective Annual Interest Rate

    An investment's annual rate of interest when compounding occurs more often than once a year. Calculated as the following: ...
  2. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  3. Odious Debt

    Money borrowed by one country from another country and then misappropriated by national rulers. A nation's debt becomes odious ...
  4. Takeover

    A corporate action where an acquiring company makes a bid for an acquiree. If the target company is publicly traded, the ...
  5. Harvest Strategy

    A strategy in which investment in a particular line of business is reduced or eliminated because the revenue brought in by ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center