FINRA releases Series 7 pass rate information
Back in 2019, at their national conference, FINRA did report Series 7 exam enrollment and completion results, which were from October 1, 2018 through March 31, 2019. They reported that out of 10,542 Series 7 exams administered only 71% of those applicants who passed the SIE exam on their first attempt, also passed the Series 7 top-off on their first attempt. This means that roughly 3,057 applicants failed the Series 7 top-off exam during this period.
Unfortunately, beyond this information, no future pass ratio information has been released from FINRA.
Why is the pass rate so low and how do I increase my chances of passing?
The fact is, this exam is tough. It is much more in-depth than the SIE exam. If you are interested in learning more about the Series 7 exam, click here. Check out real feedback below from a few of the individuals who recently studied our Series 7 exam prep course:
