The Series 32 is an abridged exam encompassing regulation portion of the Series 3 exam. The fully updated in 2009 theGuide to U.S. Futures Regulation is the 6 Jun 2018 National Futures Association Takes Step Toward Developing be more analogous to the Series 3 examination currently required for futures, 2 May 2019 The National Futures Association, the self-regulatory organization for the proficiency program differs from the traditional Series 3 examination Futures Trading Commission, CFTC, National Futures Association, NFA and NFA require prior to registration; the Series 3 examination and the Series 34 This is an abridged version of the Series 3 exam. This exam was made possible when the National Futures Association amended Registration Rule 401. Effective January 3, 2011, NFA Member firms that meet the following criteria are may make their way (eventually) onto the various exams (Series 3, Series 30, Webinar: Compliance Issues for National Futures Association (NFA) Members. Wednesday, April 3, 2013, 1:30 pm - 2:45 pm ET. Presenters. Cary J. Meer
25 Jun 2019 The Series 3 examination is the all-encompassing test that is required by the National Futures Association (NFA) and the Commodities Futures Does NFA provide training classes for the Series 3 or Series 34 exams? +.
Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities. The National Commodities Futures Exam, commonly called the Series 3 exam, was created by the National Futures Association (NFA), the self-regulatory organization for the U.S. futures industry. The purpose of the Series 3 Exam is to screen an applicant's fitness to engage in business as a futures professional.
The Series 3 is an exam, also known as the National Commodities Futures Examination, administered by the Financial Industry Regulatory Authority (FINRA) on behalf of the National Futures Association (NFA). The Series 3 Exam is for anyone who is going to act as an Associated Person, Commodity Trading Adviser, Commodity Pool Operator, Introducing Broker, or Futures Commission Merchant. The Series 3 Exam, or National Commodity Futures Examination is made up of 120 multiple choice questions that have to do with eight topics: Futures Trading Theory and Basic Functions Terminology; Futures Margins, Options Premiums, Price Limits, Futures Settlements, Delivery, Exercise, and Assignment; Basic Hedging, Basis Calculations, Hedging Futures; Spreading; Speculating in Futures; Option Hedging, Speculating, Spreading; and Regulations. The National Commodity Futures Examination is quite simply an objective assessment of a test taker's requisite foundation of knowledge and skills. Series 3 Test scores are used by the Financial Industry Regulatory Authority (FINRA) as a uniform standard of qualification. Series 3 – The National Commodities Futures Test This page is dedicated to the Series 3 Practice Test, which will outline the information that will prepare you to take the Series 3 Test. The Series 3 Test is an advanced level test to ensure the seasoned Registered Representative knows the required amount of financial information, narrowing the focus to futures and commodity trading, to perform these specific trades.
For more details on AP exemptions, refer to CFTC Regulation 3.12(h). Registration Requirements for APs. To register as an AP and become an NFA Associate Member: The sponsor must designate a Security Manager in order to obtain secure access to NFA's Online Registration System (ORS) The sponsor completes online Form 8-R for the individual