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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 investmentsPractice with 6 full-length online tests and detailed answer explanationsPlan your study time effectively with tailored schedulesGet tips and tricks to tackle even the toughest questionsPassing 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!
Steven M. Rice is a partner and highly regarded instructor at Empire Stockbroker Training Institute, one of the country’s leading schools for training in the securities industry. Rice is the author of Securities Industry Essentials Exam For Dummies and Series 7: 1,001 Practice Questions For Dummies.
Introduction 1Part 1: Gearing Up for the Series 7 Exam 5Chapter 1: Introducing the Series 7 Exam 7Chapter 2: Preparing for the Series 7 Exam 19Chapter 3: Examining and Mastering Question Types 33Chapter 4: Surviving Test Day 45Part 2: Mastering Basic Security Investments 51Chapter 5: Underwriting Securities: Bringing New Issues to Market 53Chapter 6: Corporate Ownership: Equity Securities 71Chapter 7: Debt Securities: Corporate and U.S Government Loans 87Chapter 8: Municipal Bonds: Local Government Securities 111Part 3: Delving Deeper into Security Investments 143Chapter 9: Borrowing Money and Securities: The Long and Short of Margin Accounts 145Chapter 10: Packaged Securities: Open- and Closed-End Funds and Such 167Chapter 11: Direct Participation Programs: Partnerships 193Chapter 12: Options: The Right to Buy or Sell at a Fixed Price 205Part 4: Taking Care of Your Customers and Playing by the Rules 251Chapter 13: Portfolio and Securities Analysis: Examining Companies and the Market 253Chapter 14: Going to Market: Orders and Trades 275Chapter 15: Taxes and Retirement Plans: Making Sure the IRS Gets Its Share 293Chapter 16: Rules and Regulations: No Fooling Around 315Part 5: A Couple Practice Exams 351Chapter 17: Practice Exam 1 353Chapter 18: Answers and Explanations to Practice Exam 1 373Chapter 19: Practice Exam 2 393Chapter 20: Answers and Explanations to Practice Exam 2 413Part 6: The Part of Tens 431Chapter 21: Ten Series 7 Exam Traps to Avoid 433Chapter 22: Ten Ways to Start Your Career Off Right 437Appendix: Important Figures and Formulas 441Index 443