Series 7 Study Guide 2025-2026: Complete Review + 750 Questions and Detailed Answer Explanations (6 Full-Length Exams)

* The 2025-2026 version was published on May 11 2025.*

**The paperback version includes a code for downloading the audiobook and 500 flash cards for free**

Imagine if you could get all of the practice you need from just one study guide and achieve a high score on the FINRA Series 7 Exam (General Securities Representative Exam).

By combining review material and practice questions, this Series 7 Study Guide ensures that you will be fully prepared for the exam. While other guides only provide a short review, this guide includes a complete review of concepts along with 750 questions and detailed answer explanations. There are 6 full-length exams included.

About Newstone Test Prep (Est. 2018)

Newstone Test Prep provides students with updated test questions so that they are well prepared before taking the exam. We take pride in our guides because they combine both review material and test questions. At Newstone Test Prep, we do not just compile test questions; we compile the same number of questions as the real exams, in the same format. This has been a great help for past students because they were able to simulate the real exam while studying.

Hundreds of thousands of students have scored higher on their exams after using our study guides.

Table of Contents

Introduction

Chapter 1: Public Offerings and/or Private Placements of Corporate Securities (Stocks and Bonds)

Chapter 2: Rights

Chapter 3: Warrants

Chapter 4: Mutual Funds

Chapter 5: Money Market Funds

Chapter 6: Unit Investment Trusts

Chapter 7: Exchange-Traded Funds

Chapter 8: Real Estate Investment Trusts

Chapter 9: Options on Mortgage-Backed Securities

Chapter 10: Government Securities

Chapter 11: Repos and Certificates of Accrual on Government Securities

Chapter 12: Direct Participation Programs

Chapter 13: Venture Capital

Chapter 14: Sale of Municipal Securities

Chapter 15: Hedge Funds

Chapter 16: Brokerage Office Procedures

Chapter 17: Retirement Plans and Annuities

Chapter 18: Other Regulations

Chapter 19: Options

Chapter 20: FINRA Rules

Chapter 21: SEC Rules

Chapter 22: CBOE Rules

Chapter 23: MSRB Rules

Chapter 24: IRC Rules

Tests 1 - 6

Tests 1 - 6 Answers and Explanations