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Regulations

Series 7 regulations

A Series 7 regulations guide covering FINRA rules, SEC rules, communications, records, customer complaints, Reg BI, AML, privacy, and prohibited conduct.

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Regulation questions are usually practical

The exam rarely asks for legal theory. It asks what a representative or firm must do: disclose, supervise, preserve records, approve communications, handle complaints, avoid misleading statements, or escalate suspicious activity. The best way to study rules is to attach each rule to the action it requires.

Regulatory buckets to separate

  • Communications

    Retail communications, correspondence, supervision, approval, and fair/balanced presentation.

  • Customer conduct

    Recommendations, conflicts, Reg BI obligations, customer profile facts, and disclosure.

  • Books and records

    Confirmations, account records, complaints, trade records, and retention expectations.

  • Prohibited conduct

    Manipulation, sharing in accounts, guarantees, outside business activity, and exam-content confidentiality.

How PassSeries7 teaches regulations

PassSeries7 turns that work into one chapter loop: a 436-page textbook, 385 flashcards, 1,000 mapped practice questions, endless practice, readiness tracking, and a 125-question timed simulation. Regulation content is spread through account, communications, recommendations, offerings, settlement, and dispute chapters so rules stay tied to realistic actions.

Turn each rule into a trigger

Regulatory content becomes easier when every rule has a trigger and an action. A complaint triggers records and escalation. A retail communication triggers supervision and fair presentation. A recommendation triggers customer-profile and conflict analysis. Suspicious activity triggers AML review. A prohibited guarantee triggers a no-go answer. Practicing regulations this way turns rule recall into exam behavior: spot the fact, name the duty, choose the compliant action.

  • Trigger

    Find the fact that wakes up the rule.

  • Duty

    Name what the representative or firm must do.

  • Prohibition

    Eliminate answers that promise, hide, or bypass required process.

Regulatory questions reward boring answers

On regulation questions, the right answer often sounds procedural: disclose, document, supervise, escalate, preserve, approve, or decline. Be suspicious of answers that promise results, skip approval, hide conflicts, or treat customer permission as a substitute for firm process. The Series 7 is testing whether an entry-level representative recognizes the compliant next step, not whether they can improvise around the rule.

Frequently asked

Do I need to memorize rule numbers?

Some rule names and concepts matter, but most questions test the action required by the rule rather than a rule-number recital.

Is Reg BI tested on the Series 7?

Reg BI concepts can appear through recommendations, conflicts, disclosures, and customer best-interest obligations.

How should I study regulations?

Turn each rule into a trigger and required action: what fact appears, what must the representative or firm do, and what is prohibited?

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  • Series 7 practice questions

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  • Series 7 study guide

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  • Pricing

    $90/month or $420 lifetime. Both plans include the full textbook, flashcards, mapped practice, and exam simulation.

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Study rules as actions

Use mapped explanations to connect each rule to what the representative or firm must do on exam day.

Study regulationsSee practice questions

PassSeries7 is an independent study product and is not affiliated with FINRA or any official exam body. The 2026 FINRA Series 7 outline is published at finra.org/series7.

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Review section-tagged recall cards when your account is active.

Practice

Run mapped practice questions and review explanations.

Exam

Sit the full timed simulation inside the product.

PassSeries7

Independent 2026 FINRA Series 7 study product. Not affiliated with FINRA.

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