Series 7 Content Changes

FINRA recently released a new Series 7 Content Outline which went into effect on November 7, 2011. FINRA regularly updates the content of the exam to reflect new rules and securities products, but this was a more substantial reorganization of the outline. Significant changes to the Series 7 Content Outline include:

• New registered representative "functions" and a number of questions per function that differs from the current breakdown of the examination.
• The assignment of "tasks," "knowledge items," and rules to each of the functions.
• The inclusion of new content to the outline which, while possibly tested before, may not have been written into the old outline.
• A change in the passing score from 70% to 72%. This will require candidates to correctly answer 180 questions to pass the exam.

All of these changes, including the new passing score, were effective Nov 7, 2011.

Click here to view the updated Series 7 Content Outline

Please contact us prior to taking your examination, so we can send you any necessary updates. Email: material@knopman.com