Cindy Chiellini of Lexington, South Carolina, is the senior vice president of Mantei & Associates. A registered sales associate, Cindy Chiellini has passed the Series 7 exam from FINRA.
FINRA’s Series 7 exam measures candidates’ knowledge of general securities functions, including managing client accounts, seeking business from broker-dealers and customers, and verifying customer purchases and sales. Candidates who pass the Series 7 exam are qualified to deal with options, variable contracts, and corporate and municipal securities.
They can solicit, purchase, and sell investment products such as rights, warrants, exchange-traded funds, money market funds, stocks, and bonds. They cannot, however, sell commodities or futures.
The Series 7 exam contains 125 questions. It lasts 225 minutes and has a passing score of 72 percent.
To sit for the exam, a candidate must be associated with and sponsored by a FINRA member firm or an allowed self-regulatory organization. The candidate also must have passed the Securities Industry Essentials (SIE) exam.