ARTICLE
25 January 2021

NFA Permits Online Testing For Futures Industry Proficiency Examinations

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
NFA notified futures industry proficiency examination candidates of their choice to take the exams at a local testing center or remotely proctored online.
United States Strategy

NFA notified futures industry proficiency examination candidates that they may choose to take the Series 3, 30, 31, 32 and 34 exams either at a local testing center or online. NFA stated that candidates must not have a concurrent testing center appointment if they elect to take an exam online.

NFA noted that this change does not affect the Swaps Proficiency Requirements (see previous coverage).

Primary Sources

  1. NFA Notice I-21-03: Remote Online Testing Available for Candidates Seeking to Take Futures Industry Proficiency Examinations

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