Pass the notorious Series 7 with helpful review material, practice, and insider tips
Series 7 Exam 2026-2027 For Dummies is your trusted guide to conquering the Series 7—a required securities exam necessary for launching your career in finance as a stockbroker. Packed with useful content on topics and question types found on the exam, this helpful guide equips you with the knowledge you need to succeed on your first try. Paired with proven test-taking strategies, customized study plans to help you stay on track, and six online practice tests to test and fine-tune your knowledge, you'll walk into the exam room with confidence.
Understand the Series 7 exam and master essential content, including current tax regulations, trading rules, and all-things security investments
Practice with 6 full-length online tests and detailed answer explanations
Plan your study time effectively with tailored schedules
Get tips and tricks to tackle even the toughest questions
Passing the Series 7 is your gateway to a career in securities. Series 7 Exam 2026-2027 For Dummies is here to help you make it happen!
Introduction 1
Part 1: Gearing Up for the Series 7 Exam 5
Chapter 1: Introducing the Series 7 Exam 7
Chapter 2: Preparing for the Series 7 Exam 19
Chapter 3: Examining and Mastering Question Types 33
Chapter 4: Surviving Test Day 45
Part 2: Mastering Basic Security Investments 51
Chapter 5: Underwriting Securities: Bringing New Issues to Market 53
Chapter 6: Corporate Ownership: Equity Securities 71
Chapter 7: Debt Securities: Corporate and U.S Government Loans 87
Chapter 8: Municipal Bonds: Local Government Securities 111
Part 3: Delving Deeper into Security Investments 143
Chapter 9: Borrowing Money and Securities: The Long and Short of Margin Accounts 145
Chapter 10: Packaged Securities: Open- and Closed-End Funds and Such 167
Chapter 11: Direct Participation Programs: Partnerships 193
Chapter 12: Options: The Right to Buy or Sell at a Fixed Price 205
Part 4: Taking Care of Your Customers and Playing by the Rules 251
Chapter 13: Portfolio and Securities Analysis: Examining Companies and the Market 253
Chapter 14: Going to Market: Orders and Trades 275
Chapter 15: Taxes and Retirement Plans: Making Sure the IRS Gets Its Share 293
Chapter 16: Rules and Regulations: No Fooling Around 315
Part 5: A Couple Practice Exams 351
Chapter 17: Practice Exam 1 353
Chapter 18: Answers and Explanations to Practice Exam 1 373
Chapter 19: Practice Exam 2 393
Chapter 20: Answers and Explanations to Practice Exam 2 413
Part 6: The Part of Tens 431
Chapter 21: Ten Series 7 Exam Traps to Avoid 433
Chapter 22: Ten Ways to Start Your Career Off Right 437
Appendix: Important Figures and Formulas 441
Index 443
Height:274
Width:216
Spine:31
Weight:839.00