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A bond convertible at $40 per share has a share conversion ra...To pass the Series 7 Exam you definitely need to understand margin. Long margin is the use of Leverage to increase your buying power in an account. Margin ta...Sep 1, 2023 · Free Series 7 Practice Exam. The Series 7 Exam, also referred to as the General Securities Representative Exam (GSRE), is a test administered by the Financial Industry Regulatory Authority (FINRA). Once passed, the Series 7 Exam licenses the test taker to sell securities products. Stockbrokers need to pass the exam to trade. Aug 16 2023. Length: 49 mins. Podcast. Listen for free. View show details. Summary.The CFP and Series 7 are two designations you might see in the finance industry that are held by financial advisors. However, the CFP and Series 7 are used for different purposes. A series 7 allows you to sell investment products and securities, while a CFP establishes expertise in financial planning. 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