Content Coverage Of The Series 7 Exam

The Series 7 exam covers content for example corporate investments (bonds and stocks), municipal investments and U.S. government investments, options, direct participation programs, investment company items, variable contracts and federal investments laws and regulations.

What happens if one fail the Series 7 exam?

To begin with you have to stay positive. Should you study properly you'll pass this exam. However, if for whatever reason you do not get that miracle 70% score and also you fail the first attempt for the Series 7 exam, your sponsor can submit an amendment to reopen a window that you may take test again. This window won't open until thirty days as your last exam attempt has happened. At this time, of the question is going to be open for 3 months.


There's no requirement of a sponsor firm to terminate your employment in the event you fail. However, any time you rewrite test, you have to spend the money for needed $200 registration fee. So that your employer may need you to pay the costs compensated to re-schedule test.

After three unsuccessful attempts, you have to wait six several weeks before you re-go ahead and take exam for that 4th time. The six-month waiting period is suitable since with that point you'd have compensated an overall total of roughly $600, and also the cumulative expense through the 4th time could be $800. The six-month requirement is supposed to give a window by which an individual may ensure they're ready for the 4th exam attempt. This method will continue indefinitely, as there's no limit regarding the quantity of occasions you can try the series 7 exam.