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Official Practice ProblemFINRA Series 7 Blueprint: Function 1
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Question #s7-prep2-s7-q-261Function 1Fundamental

Msrb

A municipal finance professional contributed $200 to a mayor's campaign 13 months ago. To support the mayor further without impacting the firm's ability to do business with the municipality, the MFP can contribute up to:

Correct Choice: D

Under MSRB Rule G-37, municipal finance professionals may contribute up to $250 per election to officials for whom they are entitled to vote without triggering the two-year ban on municipal securities business. Since thi

Complete Analysis & Legal Rationale

Under MSRB Rule G-37, municipal finance professionals may contribute up to $250 per election to officials for whom they are entitled to vote without triggering the two-year ban on municipal securities business. Since this is a de minimis contribution and the MFP can vote for the mayor, the $250 limit applies.

Distractor Autopsy (Why Other Options Are Traps)

FINRA exam writers design incorrect distractors using specific calculation mistakes and regulatory misconceptions. Review why each option succeeds or fails:

Choice AIncorrect
Concept Trap

Does not match the governing concept in the explanation.

Choice BIncorrect
Concept Trap

Does not match the governing concept in the explanation.

Choice CIncorrect
Concept Trap

Does not match the governing concept in the explanation.

Choice DCorrect
None

Matches the verified teaching point in the explanation.

Authorities & References:

Official Standard: Primary source referenced in the explanation (MSRB Rule G-37). Verify before launch.

🏛️

Regulatory Authority & Citations: Primary Legal Sources

Verified citations governing Question #s7-prep2-s7-q-261 (FINRA Series 7 Content Outline)

To pass the FINRA Series 7, candidates must understand not just the calculation formulas, but the exact federal securities acts, SRO rulebooks, and statutory frameworks that enforce them. Review the primary authority records below:

MSRBMSRB Rule G-37— MSRB Rule G-37

Primary source referenced in the explanation (MSRB Rule G-37). Verify before launch.

Read MSRB Official Rule

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