The Series 31 exam is the futures managed funds license created by the National Futures Association. It is a 45 question exam that includes true and false questions.
The topics covered include:
General Market Knowledge
NFA Regulations
CPO and CTA Regulations
CPO and CTA Disclosure Statements
Know your customer rules
Fees by CPO and CTA Persons
Sales Material
General Market Knowledge covers most of the exam but all of the topics need to be understood to pass the test.
Study time is under 1 month
No sponsor is required
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