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Taking the SIE soon? This last-minute review covers the rules and numbers the exam tests most, updated for 2026, including the new $300 FINRA gift limit, the $19,000 annual gift tax exclusion, and the $20,000 529 K-12 limit.

You’ll learn why SIPC won’t cover commodity futures, how to work stock-split and options breakeven math, how bond prices move with interest rates, how mutual fund breakpoints work, and the difference between a CTR and a SAR. Plus the Series 7 Whisperer’s “first five questions” review strategy for test day.

More free SIE practice at series7exam.org.

Chapters
0:00 Why SIPC doesn’t cover futures
1:15 Test-day strategy
8:16 SEC, FINRA and SROs
15:21 SIPC limits
18:10 Equities, rights and warrants
27:51 Stock splits and dividends
30:21 Bonds, risks, munis and Treasuries
40:46 Mutual funds and breakpoints
45:46 Variable annuities and 529 plans
49:21 Options and breakevens
53:57 Orders and margin
58:41 Anti-money laundering: CTR and SAR
61:28 Communications and front running
64:21 U4/U5, gifts and senior investors

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📚 About the Podcast

Real-world finance explained the way exams and real life actually test it.
Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.

⚠️ Disclosure

This podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.

🚀 Go Deeper

Live classes, tutoring, practice questions, and bonus content:

👉 Website / Classes: https://series7exam.org

👉 YouTube: https://youtube.com/@Series7exam

👉 Substack:https://substack.com/@series7whisperer?

New episodes weekly — subscribe so you don’t miss one.

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Ethics & Prohibited Activities: What You Need to Know for Your Securities Exams

What's unethical, what's prohibited, and how do you recognize the difference on exam day?

In this episode of Series 7 Whisperer®, we explore the ethical responsibilities, prohibited practices, and regulatory standards tested on the SIE, Series 7, Series 63, Series 65, and Series 66 exams.

From misrepresentation and churning to conflicts of interest, discretionary trading, and fiduciary duties, we focus on understanding the concepts rather than simply memorizing definitions.

Because passing these exams isn't about knowing a bunch of random rules. It's about understanding how those rules apply to real-world situations.

This episode uses AI-generated audio from Google's NotebookLM as a supplemental educational resource. Always cross-check exam rules with current study materials.

Make it smaller. Understand the topic. Pass the exam.

Visit https://www.series7exam.org for more exam prep resources and tutoring.

Support the show

📚 About the Podcast

Real-world finance explained the way exams and real life actually test it.
Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.

⚠️ Disclosure

This podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.

🚀 Go Deeper

Live classes, tutoring, practice questions, and bonus content:

👉 Website / Classes: https://series7exam.org

👉 YouTube: https://youtube.com/@Series7exam

👉 Substack:https://substack.com/@series7whisperer?

New episodes weekly — subscribe so you don’t miss one.

Send us Fan Mail

Taxes on the Series 7 exam don't have to be complicated. The problem is that tax questions show up everywhere — stocks, bonds, mutual funds, options, retirement accounts, and even wash sales.

In this episode, the Series 7 Whisperer breaks down the tax concepts you actually need to know to pass the Series 7 exam. No unnecessary CPA-level details, no memorizing endless tax brackets — just the rules, shortcuts, and calculations that matter on test day.

What we cover:

• Ordinary income vs. capital gains
• Short-term vs. long-term capital gains
• Qualified and nonqualified dividends
• Municipal, Treasury, and corporate bond taxation
• Cost basis for inherited and gifted securities
• Wash sales and the 30-day rule
• Tax treatment of options, premiums, exercise, and assignment
• Covered calls, protective puts, and option spreads
• Bond premiums, discounts, and accretion
• Tax-equivalent yield

Whether you're preparing for the SIE exam, Series 7 exam, or Series 66 exam, this episode will help you understand the concepts instead of blindly memorizing rules.

Study smarter. Not harder. And remember: MAKE IT SMALLER!

Connect with the Series 7 Whisperer

🌐 Website & tutoring: https://www.series7exam.org

📺 YouTube — Capital Advantage Tutoring: https://www.youtube.com/@Series7Whisperer

🎓 Get help preparing for the SIE, Series 7, Series 63, Series 65, and Series 66 exams.

Disclaimer: This podcast is for securities licensing exam preparation and educational purposes only. It is not personalized investment or tax advice.

#Series7 #SIEExam #Series7Exam #Series66 #FINRA #Series7Whisperer #CapitalAdvantageTutoring

Support the show

📚 About the Podcast

Real-world finance explained the way exams and real life actually test it.
Ideal for the SIE, Series 7, Series 65/66, and anyone who wants to actually understand money—not just memorize buzzwords.

⚠️ Disclosure

This podcast is for educational purposes only and is not a recommendation to buy or sell any security. Opinions expressed are solely those of the host.

🚀 Go Deeper

Live classes, tutoring, practice questions, and bonus content:

👉 Website / Classes: https://series7exam.org

👉 YouTube: https://youtube.com/@Series7exam

👉 Substack:https://substack.com/@series7whisperer?

New episodes weekly — subscribe so you don’t miss one.