TM Hog's General Securities Representative Qualification Examination Series 7 Practice Exams

This practice exam book with five 125-question exams will help candidates pass the General Securities Representative Qualification Series 7 Examination. It features material on each function covered on the Series 7 exam, including Function 1: Seeks Business for the Broker-Dealer from Customers and Potential Customers; Function 2: Opens Accounts After Obtaining and Evaluating Customers' Financial Profile and Investment Objectives; Function 3: Provides Customers with Information About Investments, Makes Recommendations, Transfers Assets and Maintains Appropriate Records; and Function 4: Obtains and Verifies Customers' Purchase and Sales Instructions and Agreements; Processes, Completes and Confirms Transactions. Topics include advertising materials, investment products and services, types of accounts, investment strategies, investment profiles, investment products, account information, quotes, transactions, the resolution of and complaints, and margin issues. After each practice exam the answers are shown with explanations. The answers also show what section of the syllabus the question is from and lists the source of the information in the questions and answers including FIRNA rules, Securities and Exchange Commission (SEC) regulations, SEC articles, SEC Investor Alerts and Bulletins, and IRS regulations and instructions.

Philip Martin McCaulay has sold over 20,000 study guides in fields such as pensions, investments, finance, real estate, and math, including over 4,000 study guides and practice exam books for the Series 6, Series 7, Series 22, Series 57, Series 63, Series 65, Series 66, Series 82, Series 99, and SIE exams since he first started writing them in 2008, most of which were top 100 best sellers in the professional test guides category. He is an actuary with a degree in Mathematics from Indiana University. He is a Fellow of the Society of Actuaries (FSA) and an Enrolled Actuary (EA). He has over 40 years of experience as an actuarial consultant on pension funds. His investment experience includes assessing investment vehicles for providing retirement benefits, reviewing statements of investment policy, identifying sources of investment risk, measuring investment performance relevant to given benchmarks, evaluating how cash flow requirements impact setting investment strategy, applying strategies for asset/liability management, estimating long-term rates of return for investment portfolios, and providing advice and analysis to pension plan sponsors regarding the mitigation of investment risks.