Do I need to be sponsored to take the Series 7 Exam ?

Yes, in order to take the Series 7 exam, you must be sponsored by a FINRA member firm. The Series 7 exam is a requirement for individuals who wish de become registered representatives and sell securities products, and FINRA requires that individuals be sponsored by a member firm in order to take the exam. The sponsoring firm will typically provide the necessary training and support for the individual to prepare for the exam.