Finra Exam Series-7 Topic 3 Question 112 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 112
Topic #: 3

[All Series-7 Questions]

A 5% markup policy applies to:

Ariskless transactions

Bprimary distributions

Cregistered secondaries

Dmutual funds

Show Suggested Answer

Suggested Answer: A

riskless transactions. The markup policy applies to everything except securities sold under a prospectus, which is the case with the other choices.

by Jina at Jun 11, 2025, 02:43 AM

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Junita

22 hours ago

Wait, is this a trick question? Shouldn't the markup be on riskless transactions? I'm going with A.

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Ashley

7 days ago

Hmm, I'm going with D. Mutual funds seem like the logical choice here.

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Tanesha

4 days ago

I agree, mutual funds make sense for a 5% markup policy.

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Ashanti

18 days ago

I'm not sure, but I think it might also apply to registered secondaries.

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Horace

29 days ago

I agree with Chi, primary distributions make sense for a markup policy.

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Cassandra

1 months ago

Definitely C. Registered secondaries are the way to go for a 5% markup.

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Myrtie

5 days ago

I'm not sure, but I believe primary distributions could be included as well.

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Noe

6 days ago

I think mutual funds might also fall under that 5% markup policy.

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Stevie

20 days ago

I agree, registered secondaries are a good choice for that markup.

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Gwenn

1 months ago

I think the answer is B. Primary distributions make the most sense for a 5% markup policy.

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Burma

6 days ago

I'm leaning towards mutual funds as the answer, but I see your point about primary distributions.

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Verdell

24 days ago

I think it could also apply to registered secondaries, but I'm not sure.

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Arletta

1 months ago

I agree, primary distributions seem like the best fit for a 5% markup policy.

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Chi

1 months ago

I think the 5% markup policy applies to primary distributions.

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