Series 10 Practice Questions

Fifty-eight sales supervision questions in the shares of FINRA's outline for the General Securities Sales Supervisor exams.

How often must a member inspect a branch office that does not supervise any non-branch location?

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Exam mode: 58 questions, 96 minutes.

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Unofficial practice questions, not affiliated with FINRA. Bank checked October 13, 2026.

The real exam, as FINRA describes it

Questions
145
Time limit
240 minutes
Fee
$235
Passing score
70, as FINRA lists it. Equating puts scores on one common scale.
On the day
155 multiple-choice items: the 145 that are scored and 10 unidentified pretest items.
Corequisites
The SIE and the Series 7, to hold the General Securities Sales Supervisor registration.
The other half
The Series 9, 55 scored items in 1 hour 30 minutes. If both are not passed within two years of one another, the one passed is invalidated.
Guessing
No penalty.
By function
Associated persons 28; customer accounts 49; sales practices and trading 52; communications with the public 16.

Checked October 13, 2026 against FINRA's Series 9 and 10 page and the Series 9/10 Content Outline. Rules change, so confirm with the agency itself before your test.

FINRA's Series 9 and 10 page and content outline

Next step Series 9 practice questionsSeries 7 practice questions

All 58 questions

Associated persons and personnel 11

  • A firm files a Form U4 for a new hire who was registered elsewhere. Within what time must it review the person's most recent Form U5? FINRA Rule 3110(e). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.1.
  • A member learns that one of its registered persons was indicted for a felony. How long does it have to report the event to FINRA under Rule 4530(a)? FINRA Rule 4530(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.1.
  • A municipal finance professional gives to the campaign of an issuer official the professional may vote for. What is the largest contribution per election that does not trigger the two-year ban on business with that issuer? MSRB Rule G-37(b). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.2.
  • A person is registered only as a General Securities Sales Supervisor. Which activity may that person NOT supervise? FINRA Rule 1220(a)(10). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.2.
Show all 58 questions (54 more)

Associated persons and personnel, continued

  • A registered person wants to take a paid weekend job as an officer of a family company. What does FINRA Rule 3270 require first? FINRA Rule 3270. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.2.
  • A registered representative with two years of experience is named a sales supervisor before passing the principal exams. For how long may the person function as a principal? FINRA Rule 1210, Supplementary Material .04. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.2.
  • A wholesaler wants to give a registered representative of another firm a gift connected with that firm's business. What is the limit under FINRA Rule 3220? FINRA Rule 3220(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.2.
  • An associated person wants to open a brokerage account at another member firm. What must the person obtain before opening it? FINRA Rule 3210(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.2.
  • By what date must a registered person complete the Regulatory Element of continuing education each year? FINRA Rule 1240(a)(1). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.4.
  • How often must a member inspect a branch office that does not supervise any non-branch location? FINRA Rule 3110(c)(1)(B). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.5.
  • Which firm personnel must be fingerprinted under SEA Rule 17f-2? SEA Rule 17f-2(a), 17 CFR 240.17f-2. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 1, task 1.1.

Opening and maintaining accounts 20

  • A broker-dealer learns that an unauthorized person obtained sensitive customer information. How soon must affected individuals be notified under Regulation S-P? Regulation S-P, 17 CFR 248.30(a)(4). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.4.
  • A carrying member validates a transfer instruction for a customer's whole account. What happens to the account at the carrying member? FINRA Rule 11870(d)(1). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.2.
  • A corporation that is a legal entity customer opens an account. Which individuals count as its beneficial owners under the Treasury rule? 31 CFR 1010.230(d). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • A customer asks a firm to hold her mail for five months while she travels for pleasure. What does FINRA Rule 3150 say? FINRA Rule 3150(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.4.
  • A customer opens a margin account and buys $3,000 of stock. What minimum equity does FINRA Rule 4210(b) require? FINRA Rule 4210(b). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.3.
  • A customer's long margin account holds stock worth $40,000 against a $31,000 debit balance. By how much is the account below FINRA's 25 percent maintenance requirement? FINRA Rule 4210(c)(1). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.3.
  • A firm uses discretionary power in a customer's account. What record does SEA Rule 15c1-7(b) require for each discretionary trade? SEA Rule 15c1-7(b), 17 CFR 240.15c1-7. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.2.
  • A margin deficiency arises in a customer's account. Within what time must the member obtain the margin under FINRA Rule 4210(f)(6)? FINRA Rule 4210(f)(6). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.3.
  • A recommendation to a retail customer is covered by Regulation Best Interest. Does FINRA Rule 2111 also apply to it? FINRA Rule 2111, Supplementary Material .08. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.2.
  • A wealthy individual wants to be treated as an institutional account under FINRA Rule 4512(c). What total assets must the person have? FINRA Rule 4512(c). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • Before a registered representative exercises discretion in a customer's account, what two things does FINRA Rule 3260(b) require? FINRA Rule 3260(b). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • For which accounts must a member make reasonable efforts to obtain the name of a trusted contact person? FINRA Rule 4512(a)(1)(F) and Supplementary Material .06. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • How often must a general securities member send an account statement to a customer whose account had a security position, money balance or activity? FINRA Rule 2231(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.4.
  • Regulation Best Interest is met by satisfying four component obligations. Which list names them? SEA Rule 15l-1(a)(2), 17 CFR 240.15l-1. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • Under FINRA Rule 2111, which is NOT one of the three main suitability obligations? FINRA Rule 2111, Supplementary Material .05. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • Under FINRA Rule 3260(c), who must approve each discretionary order, and how soon? FINRA Rule 3260(c). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.2.
  • Under the customer identification program rule, what must a broker-dealer obtain from an individual before opening an account? 31 CFR 1023.220(a)(2)(i); USA PATRIOT Act Section 326. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • What is the Regulation T initial margin requirement for a purchase of a margin equity security? Regulation T, 12 CFR 220.12(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.3.
  • When must a broker-dealer deliver its current Form CRS to a new retail investor? SEA Rule 17a-14(c)(1), 17 CFR 240.17a-14. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.
  • Whose signature must a new account record carry to show the account was accepted? FINRA Rule 4512(a)(1)(D). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 2, task 2.1.

Sales practices and trading 21

  • A broker-dealer gives customers market access to an exchange. What must be true of its risk management controls under SEA Rule 15c3-5? SEA Rule 15c3-5(d), 17 CFR 240.15c3-5. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • A customer holds restricted shares of a company that files Exchange Act reports. How long must she hold them before reselling under Rule 144? Securities Act Rule 144(d)(1), 17 CFR 230.144. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • A customer loses money on a trade the firm handled badly. Who may decide afterwards to reimburse the customer under FINRA Rule 2150? FINRA Rule 2150, Supplementary Material .02. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.4.
  • A director adopts a Rule 10b5-1 trading plan for her company's stock. How long is the cooling-off period before trades under the plan may begin? SEA Rule 10b5-1(c)(1)(ii)(B), 17 CFR 240.10b5-1. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • A firm holds a customer's limit order to buy an equity at $20.00 and buys the stock for its own account at $20.00. What does FINRA Rule 5320 require? FINRA Rule 5320(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.2.
  • A registered representative and a customer want to share in the profits and losses of the customer's account. Besides the customer's written authorization, what does FINRA Rule 2150(c) require? FINRA Rule 2150(c). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.4.
  • A representative places a customer's mutual fund purchase just under the amount that would earn a lower sales charge, so that the higher charge is paid. What is this called? FINRA Rule 2342. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • An affiliate plans to sell shares under Rule 144. Above what amount in any three-month period must a notice on Form 144 be filed? Securities Act Rule 144(h), 17 CFR 230.144. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • An issuer that has never filed Exchange Act reports is going public. How long before sending a confirmation must a firm deliver the preliminary prospectus to a buyer? SEA Rule 15c2-8(b), 17 CFR 240.15c2-8. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.5.
  • Before accepting a customer's short sale order in an equity security, what must a broker-dealer have under Rule 203(b)(1) of Regulation SHO? Regulation SHO, 17 CFR 242.203(b)(1). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • Before selling a new issue to an account, a member must hold a representation that the account may buy it. How recent must the representation be? FINRA Rule 5130(b). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • How does FINRA describe its 5% mark-up policy? FINRA Rule 2121, Supplementary Material .01. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • How long does MSRB Rule G-9 require a dealer to preserve its records of customer complaints about municipal securities? MSRB Rule G-9(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.1.
  • How long must a member preserve its records of written customer complaints under FINRA Rule 4513? FINRA Rule 4513(a). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.1.
  • How must a broker-dealer mark every sell order in an equity security under Regulation SHO? Regulation SHO, 17 CFR 242.200(g). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • To which sale does the 5% mark-up policy NOT apply? FINRA Rule 2121, Supplementary Material .01(d). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • What must a customer confirmation under SEA Rule 10b-10 say about the firm's role in the trade? SEA Rule 10b-10(a)(2), 17 CFR 240.10b-10. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.3.
  • What must a member's written procedures do with written customer complaints, including electronic ones, under FINRA Rule 3110(b)(5)? FINRA Rule 3110(b)(5). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.1.
  • Which account may NOT buy shares in an equity initial public offering under FINRA Rule 5130? FINRA Rule 5130(a), (c) and (i)(10). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.4.
  • Which individual is an accredited investor under Rule 501 of Regulation D on income alone? Securities Act Rule 501(a)(6), 17 CFR 230.501. Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.5.
  • Whose trading must a member's review for insider trading and manipulation cover, besides the firm's own accounts, under FINRA Rule 3110(d)? FINRA Rule 3110(d). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 3, task 3.4.

Communications with the public 6

  • A firm became a FINRA member six months ago and plans a newspaper advertisement. What filing rule applies? FINRA Rule 2210(c)(1)(A). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 4, task 4.2.
  • A person asks to be put on a firm's own do-not-call list. Within what time must the firm honor the request? FINRA Rule 3230(d)(3). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 4, task 4.1.
  • A retail communication carries a customer testimonial. Above what payment for the testimonial must the communication disclose that it was paid for? FINRA Rule 2210(d)(6). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 4, task 4.2.
  • An employee benefit plan is an institutional investor under FINRA Rule 2210 only above a certain size. What is the test? FINRA Rule 2210(a)(4). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 4, task 4.4.
  • During which hours may a member make a cold call to a person's home, absent an exception? FINRA Rule 3230(a)(1). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 4, task 4.1.
  • When must an appropriately qualified registered principal approve a retail communication? FINRA Rule 2210(b)(1)(A). Outline: FINRA Series 9/10 Content Outline (2020), Part 1: Series 10, Function 4, task 4.2.

How this list was compiled: Our own questions, written to Part 1 (Series 10) of FINRA's General Securities Sales Supervisor Qualification Examination (Series 9/10) Content Outline, marked 2020 (https://www.finra.org/sites/default/files/Series_9-10_Outline.pdf, read 2026-10-13): Function 1 supervise associated persons and personnel management activities 28 of 145 questions, Function 2 supervise the opening and maintenance of customer accounts 49, Function 3 supervise sales practices and general trading activities 52, Function 4 supervise communications with the public 16. The bank holds 11, 20, 21 and 6. Every fact was read on 2026-10-13 in the public text the question names: FINRA rules on finra.org, SEC rules, Regulation SHO, Regulation S-P, Securities Act Rules 144 and 501, Regulation T and the Treasury's customer identification and beneficial ownership rules on ecfr.gov, and MSRB Rules G-9 and G-37 on msrb.org. Licence: Questions, choices and explanations are original work of this site.

How it works

These Series 10 practice questions are our own: 58 on supervising people, customer accounts, trading and communications, the general half of the General Securities Sales Supervisor exams. Unofficial: not affiliated with, endorsed by or sponsored by FINRA. Not investment advice.

Read the full guide

Four functions, in FINRA's shares

FINRA's outline gives the Series 10 145 scored questions: 28 on supervising associated persons, 49 on opening and maintaining customer accounts, 52 on sales practices and trading, and 16 on communications with the public. This bank holds 11, 20, 21 and 6.

A supervisor's rules

Questions rest on rules the outline lists: FINRA Rules 3110, 4512, 4210 and 2210, Regulation Best Interest, Regulation SHO, Regulation T and MSRB rules. Options supervision belongs to the Series 9 and is not asked here.

A timed run

Exam mode asks all 58 with 96 minutes on the clock, the real pace of 145 in four hours.

  • Check limits against the rule as it reads today: the gift limit in FINRA Rule 3220 has been $300 a year since March 30, 2026.
  • Inspection cycles differ by office: a branch that supervises no other location is inspected at least every three years.

Questions and answers

What is on the Series 10 exam?

Four functions: supervising associated persons and personnel management, the opening and maintenance of customer accounts, sales practices and general trading, and communications with the public. Options supervision is tested on the Series 9.

How many questions are on the Series 10 exam?

155 multiple-choice questions in 4 hours. 145 are scored and 10 are unidentified pretest questions that do not count.

What is the passing score for the Series 10?

70, as FINRA lists it. FINRA equates scores to a common scale to allow for small differences in difficulty between sets of questions.

Can you take the Series 9 and 10 on the same day?

Yes. FINRA says the two exams may be taken on the same day or on different days, in either order. If both are not passed within two years of one another, the one that was passed is invalidated.

How much does the Series 10 exam cost?

$235, as FINRA's page for the Series 9 and 10 exams lists it. The Series 9 has its own $175 fee.

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