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Finra Series-7 Exam - Topic 2 Question 130 Discussion

Bubba Securities, Inc. offers 3,000,000 shares of Top Notch Manufacturing Corporation common stock at $27 per share. The next day an advertisement appears in the Wall Street Journal announcing the offering and listing the names of some of the underwriting firms.This ad is commonly referred to as a:
B) tombstone ad
A) public offering
C) sales directive
D) syndicate announcement

Finra Series-7 Exam - Topic 2 Question 130 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 130
Topic #: 2
[All Series-7 Questions]

Bubba Securities, Inc. offers 3,000,000 shares of Top Notch Manufacturing Corporation common stock at $27 per share. The next day an advertisement appears in the Wall Street Journal announcing the offering and listing the names of some of the underwriting firms.

This ad is commonly referred to as a:

Show Suggested Answer Hide Answer
Suggested Answer: B

tombstone ad. Tombstone ads are used to announce new issues. They do not offer to buy or sell securities. They are informational only.


by Dorothy at Jul 19, 2026, 07:21 AM

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Malcolm
1 day ago
Syndicate announcement? Nah, that's not right.
upvoted 0 times
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Tennie
6 days ago
Nope, it's a tombstone ad for sure.
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Carmelina
11 days ago
Wait, is it really just called a tombstone ad? Sounds weird.
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Devorah
17 days ago
I thought it was called a public offering?
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Felix
22 days ago
That's definitely a tombstone ad!
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Colene
27 days ago
I feel like I’ve seen a similar question before, and it was definitely about tombstone ads. I’m leaning towards B) tombstone ad as well.
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Glenna
1 month ago
I’m a bit confused. I thought a public offering was just the overall process, not the ad itself. Could it be A) public offering instead?
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Polly
1 month ago
I remember discussing the different types of ads in our study group, and I think a tombstone ad is specifically for public offerings. So, I would go with B) tombstone ad.
upvoted 0 times
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Fatima
1 month ago
I think the answer might be B) tombstone ad, but I'm not entirely sure. We covered this in class, and it sounds familiar.
upvoted 0 times
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