The Series 7 exam, also known as the General Securities Representative Exam (GSRE), is a test administered by the Financial Industry Regulatory Authority (FINRA) that must be passed before stockbrokers are issued a license to trade. One-third of those taking the 6-hour test do not pass on their first attempt. Kyle, whose continued employment was contingent on passing, did so on his first try with a very good score. We are very proud of his achievement and congratulate him on the milestone.