Series 30 Exam - Branch Manager Examination - Futures (www.forexregistration.com/series30)
Individuals who are a Branch Office Manager and an AP of an NFA member firm must have passed the Series 30 within the two years preceding their application.
Individuals may not be required to take the Series 30 examination if:
· they have passed the Series 30 examination within two years of the date the application is filed; or
· they are currently approved as a Branch Office Manager; or
Series 34 Exam - Retail Off-Exchange Forex Examination
Proposed amendments to NFA Bylaw 301 will require any individual seeking approval as a forex firm or forex individual to pass the Series 34 examination before engaging in off-exchange forex business with retail customers. The proposed amendments grandfather certain individuals who were approved sole proprietor principals or registered as APs or FBs on May 22, 2008, from the Series 34 proficiency requirement.
Series 3 Exam - National Commodity Futures Examination
The Series 3 exam is required of individuals who conduct business with the public on the U.S. futures exchanges and:
· offer or solicit business in futures or options on futures at a futures commission merchant (FCM) or introducing broker (IB) or who supervise any such person.
· are associated with a commodity trading advisor (CTA) who solicits discretionary accounts or who supervises persons so engaged.
